LAS VEGAS, Nev. – In March, King Isaac Umoren, a 41-year-old Las Vegas man, pleaded guilty to charges of impersonating an FBI agent, aggravated identity theft, wire fraud, and filing fraudulent tax returns on behalf of customers with the IRS.
On June 8, he pled guilty to money laundering, aggravated identity theft, and wire fraud, among other crimes.
According to court filings, Umoren owned and operated Universal Tax Services (UTS), a tax preparation service, according to an IRS news release. From 2012 to 2016, Umoren produced and filed tax returns for clients that included bogus deductions and fictitious businesses to obtain bigger tax returns, according to the IRS.
According to the IRS, Umoren prepared fraudulent tax returns using the names and information of his employees without their knowledge, making it appear as if they had filed the reports.
According to the IRS, Umoren purported to be an FBI agent in February 2016, wearing a false badge and tactical gear. Umoren then drove to a client’s residence, flashing his police lights, and demanded money for tax preparation services.
Umoren asking his clients to use a return anticipation check service, which he would use to secretly deduct fees from their tax refunds, is another offence highlighted by the IRS.
Another offence highlighted by the IRS is Umoren’s request that his clients use a return anticipation check service, which he would use to secretly deduct fees from their tax refunds.
In May 2016, Umoren attempted to sell UTS by presenting fake paperwork to potential purchasers to boost the company’s value. He was able to sell his company for more than $3.8 million in the end.
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He spent his sudden wealth on land and a car in Henderson.
The date for Umoren’s sentence has been set for November 2. Umoren faces a total of 65 years in jail if he receives the maximum term for each offence.
According to the IRS, in February 2016, Umoren pretended to be an FBI agent while wearing a fake badge and tactical gear. Umoren then drove to a client’s house and demanded payment for tax preparation services while flashing his police lights.
Another offence emphasised by the IRS is Umoren’s request that his clients employ a return anticipation check service, which he would use to secretly withdraw fees from their tax refunds.
Umoren’s request that his clients employ a return anticipation check service, which he would use to secretly drain money from their tax refunds, is another offence noted by the IRS.
Umoren tried to sell UTS in May 2016 by presenting fraudulent documents to potential buyers to inflate the company’s value. In the end, he was able to sell his company for more than $3.8 million.
Umoren owned and operated Universal Tax Services (UTS), a tax preparation service, according to court records, according an IRS news release.
According to the IRS, between 2012 and 2016, Umoren prepared and submitted tax returns for clients that included false deductions and phoney businesses to achieve larger tax refunds.
