Jason Crespo, Filing False Tax Returns, New Jersey 2018
Bergen County Man Pleads Guilty to Tax Fraud
In a shocking turn of events, Jason Crespo, a 35-year-old resident of Elmwood Park, New Jersey, has pleaded guilty to conspiring to defraud the IRS by filing false corporate tax returns. This egregious act resulted in a whopping $191,953 in fraudulent refunds for the shell companies involved.
According to the documents filed in this case and statements made in court, Jason Crespo conspired with his father, Jose Crespo, to file numerous false federal corporate tax returns for fake businesses between 2010 and 2012. The Crespos took advantage of fuel excise tax credits offered under federal tax law, claiming credits for nontaxable uses of fuel.
One instance of this scheme involved Jason Crespo filing a federal corporate tax return for Jason Cleaning Service Corp. for 2008, falsely claiming a fuel excise tax credit of $14,556 and a resulting refund of $10,592. Jason Crespo received and cashed the $10,592 refund check at a check-cashing facility in Guttenberg, New Jersey.
Jose Crespo, Jason Crespo's father, pleaded guilty on September 11, 2017, to engaging in the fuel excise tax credit scheme and another tax fraud scheme, both of which claimed fraudulent refunds from the IRS of approximately $1.5 million. He was sentenced on December 20, 2017, to three years in prison.
Marilyn Crespo, Jose Crespo's wife, pleaded guilty on March 1, 2018, to engaging in the same fuel excise tax credit scheme and causing a loss to the IRS of $286,742. She was sentenced on June 27, 2018, to one year and one day in prison.
Jason Crespo, the defendant in this case, faces a maximum potential penalty of three years in prison and a potential $250,000 fine, or twice the gross gain or loss from the offense. His sentencing is set for October 4, 2018.
The investigation into this case was led by special agents of IRS-Criminal Investigation, under the direction of Acting Special Agent in Charge Bryant Jackson. The government is represented by Assistant U.S. Attorney Rahul Agarwal, Deputy Chief of the Criminal Division in Newark.
Defense counsel for Jason Crespo is Rubin Sinins Esq. of Springfield, New Jersey.
Key Facts
- State: New Jersey
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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