Tax Scam mastermind heads to prison

A recent article in the Chicago Sun-Times (original article can be found at this link) noted that an accountant helped to file fraudulent tax returns (perhaps 99% of the returns he completed!) and illegally saved at least $3.5 million in taxes for his clients, in addition to cheating on over $200,000  on his own tax returns.

He named his firm ‘Richman Tax Solutions’ and will likely face deportation once he completes his prison sentence – he emigrated from the Philippines many years ago.

The real kicker?  His name is Ray Dumdum (no lie).

As usual, if you hear about a ‘too good to be true’ tax plan, it probably is a scam so beware!


Thomas C. Hodge, CPA

The Hodge Group
3040 N. Menard Avenue
Chicago, IL 60634


Friend us on FaceBook here.
Connect on LinkedIn here.
Follow our Blog here.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s