While the media creates a perception that most crimes committed in St. Louis are of a violent nature, the fact is white collar crime charges are exceedingly prevalent and often more costly for those accused of such crimes. It's a mistaken belief that crimes involving fraud aren't taken as seriously as other kinds of crimes. In truth, law enforcement vigorously pursues white collar crimes and harshly punishes those who are convicted of these offenses.
Two 24-year-old men may be facing serious consequences after being taken into custody and charged with tax fraud and identity theft. According to law enforcement, an investigation showed that the accused individuals attempted to use numerous stolen identities in order to collect over $2 million in federal tax returns that had been filed fraudulently. This allegedly occurred in 2011 and 2012. Authorities further claim the men funneled some of their proceeds to cohorts in the scheme.
There are many ways fraud allegations can arise. It's possible that a business made a mistake that led to allegations or, alternatively, a company might appear to have used trickery to shield as much money as possible from being taxed. In some instances, allegations claim individuals conjured up a plot to try and make money through mortgage fraud, tax fraud, social security fraud or unemployment fraud. When there is an arrest and a person is accused of any of these acts, it's imperative that they understand what they're up against. Law enforcement takes these cases seriously and will prosecute them to the fullest extent of the law.
In these instances, accused individuals should take steps to present a strong defense. In order to do this, a key for them will be to discuss the matter with a legal professional experienced in white collar crime charges. Hopefully then harsh penalties will be avoided and an individual can get back to his or her normal life without damage to his or her reputation and personal and professional life.
Source: Daily Reporter, "2 Florida men indicted in Missouri on charges of identity theft in tax fraud scheme," May 22, 2014