Federal officials in New Jersey have arrested 14 people in what they say was a long-running tax refund fraud scheme.
US Attorney Paul Fishman says the scheme is one of the largest ever uncovered and involved more than 8,000 bogus income tax returns seeking more than $65 million in illegal refunds.
The defendants are charged with conspiracy to defraud the US and theft of government property. It’s estimated the scheme created $11 million in losses.
The defendants come from New York, New Jersey, Pennsylvania, North Carolina and Michigan.