Wednesday, June 23, 2010

A Tale of the IRS, the House Buyer's Tax Credit, and How the Inmates Ripped Off Both of 'Em

According to various news reports, the U. S. Treasury Department has just reported that the I.R.S. has discovered that 1,295 prison inmates around the country have ripped off Uncle Sam to the tune of $9.1 million in bogus house buyer tax credits on their fraudulently filed income tax returns. Incredibly, 241 of the inmates were reportedly serving life sentences when they were "allegedly" out buying homes and taking advantage of the incentive!
Reportedly, the I.R.S. is busy trying to reclaim the fraudulent tax refunds! Lotsa luck trying to get money back from these prisoners, right!?

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