Ahmed Grant and Lillian Madyun, Tax Fraud, Tennessee 2015

A husband-and-wife duo from Memphis, Tennessee, has been brought to justice after pleading guilty to a massive tax fraud scheme. Ahmed Grant and Lillian Madyun, the owners of tax preparation business Superfast Taxes, used their operation to file false 2010 federal income tax returns, defrauding the government of more than $160,000.

The scheme involved the couple using their tax preparation business to prepare and submit false tax returns to the IRS, utilizing an electronic filing identification number to process and file the claims. They employed contract tax preparers at several satellite locations throughout the inner-city, who would then review and adjust the tax return files before submission to the IRS.

The defendants exploited several refundable tax credits, including Schedule C and the American Opportunity Credit, to inflate their clients’ tax returns. Unbeknownst to the defendants’ illicit behavior, the IRS paid out over $160,000 in false credits to Superfast Taxes.

On Thursday, August 13th, both Grant and Madyun pled guilty to conspiracy to commit fraud against the United States. The couple faces a maximum sentence of 10 years imprisonment, as well as individual fines of up to $250,000.

Grant and Madyun will be sentenced by Judge Sheryl H. Lipman on November 13, 2015. The case is being investigated by the IRS, with Assistant U.S. Attorney Damon K. Griffin prosecuting on behalf of the government.

The tax fraud scheme perpetrated by Ahmed Grant and Lillian Madyun is a stark reminder of the importance of vigilance in protecting against tax-related crimes. As the investigation and prosecution of this case demonstrate, even seemingly legitimate business operations can be used as a front for illicit activities.

The outcome of this case serves as a warning to those who would attempt to defraud the government through tax-related crimes. Ahmed Grant and Lillian Madyun’s actions have led to a maximum sentence of 10 years imprisonment and individual fines of up to $250,000. The couple’s plea deal is a testament to the effectiveness of law enforcement in bringing tax fraud perpetrators to justice.

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