GRAND PRAIRIE, TX – In a stunning blow to tax preparers who think they can game the system, Festus Adenisimi, 65, of Mansfield, Texas, and three others have been handed a combined 105 months in federal prison for their roles in a scheme that defrauded the IRS of nearly $8 million.
Adenisimi, the owner of FA Tax located in Grand Prairie, was at the center of this multi-year operation. He pleaded guilty to falsely preparing tax returns and admitted to fraudulently obtaining two Paycheck Protection Program (PPP) loans totaling $760,415 through the Small Business Administration’s COVID-19 relief program.
On March 2025, Adenisimi faced U.S. Senior District Judge Barbara M.G. Lynn, who sentenced him to 57 months in prison and ordered him to pay a staggering $10,283,737.65 in restitution.
The FA Tax crew was rounded out by Sunshyne Endurance Ogungbemi, 37, of Waxahachie; Chris Mary Tijerina, 40, of Crandall; and Cynthia Bradley, 45, of Belleville, Illinois. They all faced their own judges and penalties, each receiving prison sentences ranging from 15 to 18 months, along with substantial restitution orders.
“The defendants orchestrated a multi-year tax fraud scheme that caused substantial loss to the government,” said Acting U.S. Attorney Nancy Larson. “We will continue to track down those who attempt to cheat the American people, and we will hold them accountable.”
Gerardo Gomez, Assistant Special Agent in Charge of the IRS Criminal Investigation’s Dallas Field Office, echoed this sentiment, noting that the 105 months of federal prison time for the FA Tax members was a clear message: tax fraud is not a victimless crime.
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Key Facts
- State: Texas
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption
- Source: Official Source ↗
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