⏱ 2 min read
Latasha L. Frison, a 39-year-old former tax preparer from Cahokia, has been convicted of filing false tax returns for her clients in St. Louis, Missouri. Between 2020 and 2023, Frison falsified information on over a dozen tax returns, resulting in hundreds of thousands of dollars in refunds that her clients were not entitled to. The scheme was uncovered after red flags were raised on hundreds of individual income tax returns prepared by Frison.
The investigation revealed that Frison’s tax preparation business, which operated under various names including Taxed Rite, had an unusually high percentage of refunds, with all but two of the 680 individual income tax returns filed between 2021 and 2024 claiming a refund. In one year, the average refund amount for tax returns filed by Frison exceeded $14,000, significantly higher than the national and state averages.
Frison’s clients testified that they were unaware of the false information included in their tax returns, including false income figures for small businesses that did not exist. Frison faces up to three years in prison for each of the 16 counts of aiding and assisting in the preparation and presentation of false and fraudulent tax returns. She is scheduled to be sentenced on September 30.
The conviction is a significant win for the DOJ, which has been cracking down on tax fraud in recent years. The case highlights the importance of vigilant oversight and enforcement in preventing fraudulent activities that can result in significant financial losses for the government and taxpayers.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: Missouri
- Location: MO
- Source: DOJ Press Release
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News