Federal prosecutors have charged a man in Florida with filing three false U.S. Individual Income Tax Returns and requesting refunds in the amounts of $53,000, $360,000, and $2.98 billion (yes, billion).
If convicted of all three counts, the man faces a total of 15 years in prison, followed by 3 years of supervised release, and a fine up to $750,000.
The man is no stranger to prison. The man had been in prison from September 1999 until March 2008, probably a red flag for anyone claiming such large refunds.
After his release from federal prison in March, the man was under supervised release until he faced a hearing in October. At the hearing, prosecutors argued that his supervised release should be revoked. They said that in May 2008, the man filed a false claim with the IRS and requested an income tax refund in the amount of $360,000. Needless to say, the IRS says the man isn't entitled to such a refund.
The judge revoked his supervised release and sentenced him to a total period of additional incarceration of 36 months.
Source: Justice Department