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Long Island tax preparer indicted in a multi-million dollar tax fraud scheme where she allegedly received $2M in illegal proceeds from tax returns and PPP loans.

57-year-old Damaris Beltre is accused of preparing hundreds of false tax returns, which cost the IRS $12M.

"As alleged, the defendant’s fraudulent work as a tax preparer and in furtherance of a COVID-19 loan scheme cost the government millions of dollars..." said United States Attorney Durham.

"All while she generated a stream of illicit revenue for herself that she used to purchase, among other things, a home in the Dominican Republic, a car and jewelry."

Beltre would allegedly falsify dependents as well as claim millions of dollars in COVID sick leave credits.

Authorities say Beltre spent tens of thousands of dollars with the stolen money, withdrawing over $200,000 from her accounts.

"Beltre is charged with defrauding the government of millions of dollars to fatten her pockets, using stolen identities, fraudulent tax submissions and bogus COVID-19 benefits claims," said IRS special agent Harry Chavis, Jr.

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