1st Time Homebuyer Tax Credit – FRAUD

This is the kind of vile shit that ruins it for regular, hard-working, deserving people. Not only that, she is a real estate broker. Nice. No wonder people consider us just a step above attorneys but below used-car salesmen. I sincerely hope Kashawn Monique gets the max 50 years and has to pony up $2.5 mil on top of that. We need more high profile busts like this on a daily basis and maybe these swine will get the idea.

Awwww, that’s just wishful thinking. As long as there’s Kashawn Monique’s in the world, the US Attorney’s Office will enjoy full employment.

REAL ESTATE BROKER ADMITS FILING TAX RETURNS THAT FRAUDULENTLY CLAIMED THE FIRST-TIME HOMEBUYER CREDIT

LOS ANGELES – A Tarzana woman pleaded guilty to federal tax charges today, admitting that she filed more than 200 false tax returns with the Internal Revenue Service that sought over $1.3 million in refunds based on fraudulently claimed First-Time Homebuyer Credits and Earned Income Tax Credits.

Kashawn Monique Savery, a real estate broker who until recently lived in Reseda, pleaded guilty before United States District Judge Dale S. Fischer. Savery pleaded guilty to all of the charges in a criminal information that charged her with 10 counts of making false claims to the United States.

According to a search warrant executed earlier this year at Savery’s residence, IRS-Criminal Investigation began investigating this matter when an IRS Fraud Detection Center observed suspicious activity, including a group of 231 tax returns for the 2008 tax year that sought more than $1.3 million in refunds. The vast majority of the suspicious tax returns were filed from a computer that IRS investigators determined was located at Savery’s condominium in Reseda. Other suspicious tax returns linked to the same computer have been filed in recent months for the 2009 tax year.

Savery pleaded guilty to fraudulently filing or causing to be filed 10 tax returns, five of which sought refunds based on the Earned Income Tax Credit, and five of which sought refunds based on the First-Time Homebuyer Credit. The criminal information alleges that the 10 tax returns fraudulently sought nearly $68,000 in refunds. During today’s hearing, Savery admitted being involved in the filing of more fraudulent tax returns – over 200 that sought more than $1.3 million in fraudulent refunds.

Judge Fischer is scheduled to sentence Savery on October 18. As a result of today’s guilty pleas, Savery faces a maximum statutory sentence of 50 years in federal prison and a $2.5 million fine.

This case was investigated by IRS-Criminal Investigation.

CONTACT:        Assistant United States Attorney Edward E. Alon

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