Georgia tax professional pleads guilty to refund fraud

(Washington, DC – Insurance News and Markets) – On Aug. 2, Atlanta-based tax preparer Cheryl Singleton, 29, pled guilty to a single count of wire fraud in connection to business activities conducted between 2012 and 2015.

Court documents reveal that Singleton owned and operated Advanced Tax Services, with more than one location in the Atlanta area. Between 2012 and 2015, she and her employees filed false tax returns that inflated client refunds, and advised individuals that they could qualify for a $1,000 government stimulus payment.

She and her employees used client information to electronically file false income tax returns without their knowledge. Court documents also say that she used healthcare financing credit cards that were not issued to her to fraudulently obtain payment for cosmetic dental care services.

She will be sentenced on Oct. 12, and faces a statutory maximum sentence of 20 years in prison, a term of supervised release and monetary penalties.

Source: U.S. Department of Justice.