Skip to comments.Three ex-Chase bank workers admit $4.8 million tax fraud
Posted on 08/13/2012 6:32:07 PM PDT by ruralvoter
Three former employees at JPMorgan Chase & Co (JPM.N) branches in New York pleaded guilty on Monday to using the identities of Puerto Rican customers to file fraudulent tax returns, U.S. authorities said.
The three were charged in January by Manhattan federal prosecutors with orchestrating two separate tax fraud schemes between 2006 and 2007 that cheated the Internal Revenue Service and New York State out of $4.8 million.
Katherine Torres, 52, a former manager at a Chase branch in the New York borough of the Bronx, and Rosalind Smith, 41, who also worked there, were charged in the first scheme, along with another person against whom charges are still pending.
(Excerpt) Read more at reuters.com ...
Gee, that is only a few one hundredths of one penny on the dollar compared to the zer0 crowd. Wonder why zer0 and his crowd is allowed to walk free?
There are plenty of folks on both sides of the aisle that should be in jail for the financial fraud committed against the American people.
Amen. We will never see our money they stole and gave to their criminal enterprises. Amen, FRiend, it was tens of trillions stolen. A few million, and one should be impressed something was done for the people? What lunacy do they want me to believe when the real criminals walk with the trillions.
“cheated American taxpayers out of $4.8 million”, the article should have said...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.