MONTGOMERY, AL – Bruce King, the man behind Premier Tax, is trading tax forms for prison stripes. Yesterday, King received a 70-month federal sentence and a hefty $781,305 restitution order to the IRS for running a brazen tax fraud scheme across Alabama and Georgia. The sentencing, announced by U.S. Attorney George L. Beck for the Middle District of Alabama, marks a significant blow to a calculated effort to cheat the system.
Court documents paint a grim picture of Premier Tax, not as a legitimate business, but as a training ground for fraud. King allegedly held sessions instructing tax preparers how to deliberately falsify returns, inflating refunds for clients and lining his pockets. These trained preparers then systematically filed those bogus returns, racking up a tax loss exceeding $1 million. This wasn’t a mistake; it was a deliberate, orchestrated scheme.
The scope of the fraud extends beyond King himself. Seven of the return preparers he indoctrinated have already pleaded guilty and received their own sentences, demonstrating the wide-reaching impact of his criminal enterprise. Authorities are clearly sending a message: complicity in tax fraud, no matter the level, will be met with prosecution.
“This case should serve as a warning to all of those criminals that file or attempt to file false tax returns to get increased tax refunds,” U.S. Attorney Beck stated bluntly. “We will continue to use our resources to investigate and prosecute those criminals and will work diligently to ensure that they receive the stiff prison sentences that they deserve.” The message is clear – the IRS and the Department of Justice are actively targeting those who exploit the tax system for personal gain.
The investigation was spearheaded by Special Agents of the IRS – Criminal Investigation, a unit dedicated to unraveling complex financial crimes. The prosecution team included Trial Attorneys Jason Poole and Justin Gelfand of the Justice Department’s Tax Division, alongside Assistant United States Attorney Jared Morris. Their combined efforts brought King’s operation crashing down.
For those seeking more information on the Tax Division’s efforts to combat financial crimes, visit justice.gov/tax. The Grimy Times will continue to follow this case and report on further developments.
PRESS CONTACT: Clark Morris
usaalm.press@usdoj.gov
(334) 551-1755
Related Federal Cases
- Blackmon Gets 51 Months for Tax Refund Fraud · Alabama
- Wheeler Gets 17.5 Years for Tax Fraud Scheme · Alabama
- LBS Tax Services Owner, Franchisees Face Tax Fraud Charges · Mississippi
- Gadsden Brothers Bankroll Fraud Scheme, Face Decades in Prison · Mississippi
- McCall’s Mail Fraud Scheme Nets $656K, Lands Him in Hot Water · Alabama
Key Facts
- State: Alabama
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
