DFW CitiesNews

Dallas Attorney Arrested And Charged In $1 Billion Tax Shelter Scheme

1.6kviews





A Dallas attorney accused of committing multiple counts of fraud for his role in a $1 billion tax shelter scheme was arrested this week.

On October 25 officials arrested 79 year old Joseph Garza at his home after he was indicted on 18 counts of wire fraud, one count of conspiracy to commit wire fraud, and 22 counts of aiding and assisting in the preparation of fraudulent income tax returns.

According to the indictment Garza created multiple shell companies to help his clients create a flow of funds and avoid paying taxes.

The scheme also involved preparing and filing fraudulent tax returns. They also went as far as creating fake receipts and underreporting their clients income.

It was also said that Garza would take a percentage of the money and keep it for himself.

The scheme allegedly resulted in more than $1 billion in unreported income and more than $200 million in unpaid taxes.

If convicted, Garza faces up to 20 years in prison for each of the 18 counts of wire fraud, 20 years for the conspiracy count, and three years for each of the 22 counts of filing false tax returns.

This investigation remains under investigation.



8 Comments

  1. Pretty section of content. I simply stumbled upon your website and in accession capital to assert that I get in fact
    enjoyed account your weblog posts. Anyway I’ll be subscribing in your feeds and even I achievement you get
    entry to persistently rapidly.

    Feel free to visit my web blog – vibramycin sans ordonnance requise

  2. With havin so much content and articles do you ever run into any problems of
    plagorism or copyright violation? My website has
    a lot of exclusive content I’ve either created myself or outsourced
    but it looks like a lot of it is popping it up all over the web
    without my permission. Do you know any ways to help stop content from being stolen? I’d definitely appreciate it.

    My web site … dowiedz się więcej o eskalithzie w Gdańsku

Leave a Response