$250 Million Tax Fraud Scheme Results in 55 People Indicted

An IRS investigation centered on two companies, Old Quest Foundation in Fontana and De la Fuente and Ramirez and Associates in Rancho Cucamonga has resulted in a federal grand jury indictment of 55 people.

The indictment alleged a scheme by Old Quest in which more than 400 false tax returns were filed, resulting in millions of dollars in payouts, including one refund check for $1.2 million. Old quest is accused of preparing and filing false tax returns.

Company representatives allegedly gave presentations with people posing as attorneys, accountants, certified public accountants and former IRS employees, telling audiences that the United States was bankrupt and owned by England and as a result the customers were required to make contributions as large as $10,000 to pay a percentage of the refunds received.

The indictments charge the owners of the company and there are still some fugitives that authorities are pursuing.

Many of the 55 indicted in connection with an alleged tax fraud scheme involving the filing of false income tax returns seeking more than $250 million in bogus refunds, are charged with conspiracy to defraud the United States and face a maximum sentence of 10 years in prison if convicted.

Others, who are accused of making false claims against the United States, face a maximum sentence of five years.

Tax fraud or any type of fraud especially towards the government is an extremely serious federal offense and can result in a long term prison sentence.

Our federal criminal defense lawyers have the experience and skills that qualify us to competently and aggressively defend you if you are facing fraud charges or any other federal charges.

We know how the federal system operates and we use all our knowledge, skill, and legal strategy to get you results in your favor.

Contact our Los Angeles federal defense lawyers for a free face to face consultation.