BRICETOWN, MS – In a stunning turn of events, Allen Brice and Jeremi Washington were sentenced to serve lengthy prison terms for their roles in a massive tax fraud scheme that bilked millions from the IRS.
The duo, operating out of Gulfport, Mississippi, was caught red-handed filing fraudulent returns with bogus education expenses and retirement contributions. The scheme spanned from 2009 to 2011, ensnaring numerous unsuspecting clients.
Brice, who was convicted at trial on seven counts of aiding in the preparation of false tax returns, was sentenced to a staggering 63 months behind bars. His co-conspirator, Washington, received 46 months for conspiring to defraud the United States. Washington’s Flash Financial, which he owned and operated, served as the base of this fraudulent operation.
Both men were ordered to serve supervised release following their prison sentences. Brice was handed a massive restitution order of $1,919,820.20, while Washington was required to pay back $1,954,352.
The Justice Department’s Tax Division and the Southern District of Mississippi’s U.S. Attorney’s Office took significant credit for their roles in this investigation and prosecution. Special agents of IRS–Criminal Investigation were commended for their diligence in bringing these criminals to justice.
For more information on the Tax Division and its enforcement efforts, visit their official website.
Related Federal Cases
- Biloxi Tax Preparer Sentenced for Fraudulent Returns · Mississippi
- Washington Bank Robber Sentenced to 10+ Years · Mississippi
- FDIC Appoints Five New Members to Advisory Committee on Community Banking · Mississippi
- Live Nation Faces Trial Over Monopoly Practices · Washington
- Mansfield Man Hit with Bomb Threat Charges · Mississippi
Key Facts
- State: Mississippi
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption|White Collar Crime
- Source: Official Source ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News