Owner of Daytona Beach Tax Return Business Sentenced for Tax Fraud and Failure to File
To those who don’t know the law, tax fraud may seem like a fairly low ranking crime in the criminal justice system. However, like other white collar crimes, the offense carries harsh penalties as well as a social stigma that can affect your professional and personal life.
Further, since tax fraud is a crime against the federal government, it is a federal offense and is investigated by the Internal Revenue Service. Recently, Fane Dacosta, the owner of a Holly Hill, Florida tax return business called More Than Enuf Refund & Affordable Tax Services, was arrested, charged and sentenced for tax fraud and failure to file. Other facts about the case include:
- Mr. Dacosta was sentenced to two years and four months in federal prison for aiding in the preparation of false tax returns and failing to file his own tax returns.
- Following his incarceration, Mr. Dacosta was sentenced to serve one year of supervision and fined $656,084 in restitution to the Internal Revenue Service.
- From 2006 to 2009, Mr. Dacosta falsified deduction amounts and tax credits owed to tax payers allowing those individuals to obtain undeserved tax refunds.
- Mr. Dacosta failed to file his own tax returns for 2007, 2008 and 2009.
If you are investigated for a federal crime such as tax fraud, you need serious legal representation. In many white collar crime cases, harsh penalties are imposed on suspects in order to deter other would-be offenders from engaging in the same behavior. A criminal law attorney experienced at handling federal charges can quickly rush to your aid and help you build a solid defense.