Tax Fraud – Memphis Residents Indicted by A Federal Grand Jury! Comments by Business Ethics Speaker Chuck Gallagher

Many advocate Tax Avoidance, but the creation of fake documents is Fraud – Pure and Simple!

Sherry Hobson, age 43 and Betty Sisson, likewise age 43, were indicted by a federal grand jury for conspiracy to file false claims and filing false claims against the government.

Hobson was charged with one count of conspiracy to file false claims against the United States and 18 counts of filing false claims against the government. Sisson was charged with one count of conspiracy to file false claims against the United States, nine counts of filing false claims against the government, and once count of filing a false 2004 federal income tax return.

Seems that both decided they would defraud the government by obtaining false refunds by filing or causing to be filed false federal income tax returns. The fraudulent tax returns contained fake wages and withholding amounts, thus generating tax refunds that were not due.

According to the US Attorney’s office news release:

The returns named in the indictment pertain to 2003 and 2004 federal tax returns for Sisson and other individuals. The fraudulent returns claimed refunds totaling $81,851.00.

Additionally, Sisson was charged with filing a false 2004 individual income tax return in her name that represented her adjusted gross income to be $15,132.00, when she knew that her adjusted gross income was substantially greater.

Unlike the Wesley Snipes trial, Hobson and Sisson – both who pled not guilty – are charged with something specific unlike Snipes who was charged with not filing and conspiracy. While they are innocent until proven guilty, my guess is that the government has specific documentation showing the creation of fraudulent documents and a guilty verdict will follow.

As a business ethics speaker, (www.chuckgallagher.com) I understand that Every choice has a consequence. Speaking to groups at the Truth About Consequences, I understand that you reap what you sow. If, in fact, these two did create false tax returns, they will likely face time in federal prison.

This case will be followed. Meanwhile, if you have comments…they are welcome.

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