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!

Cheers!

Thomas C. Hodge, CPA
President

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

773.237.6369

www.thehodgegroup.com

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