John Anthony Castro has been charged with 33 counts of filing fraudulent tax returns, the Justice Department said Wednesday.
Castro, who owned and operated a virtual tax preparation business called Castro & Co. LLC, made his initial appearance before US Magistrate Judge Hal R. Ray Jr., according to the department.
As part of the scheme, Castro would allegedly promise a significantly higher refund than taxpayers could receive from other preparers, offer to split the additional refund with taxpayers, and generate false deductions without the taxpayer’s knowledge, the DOJ said.
This story was produced by Bloomberg Law Automation.
To contact the reporter on this story: Bloomberg Law Automation at automation@bloombergindustry.com
To contact the editors responsible for this story:
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.