Tax Fraud Arrests - Cincinnati News, FOX19-WXIX TV

Tax Fraud Arrests

Six men arrested in national tax fraud investigation

Six tax consultants with southwest Ohio ties have been arrested and charged with helping wealthy clients illegally avoid paying 20 million dollars in income tax.

Yesterday's arrests were the latest in a nationwide Internal Revenue Service investigation of an alleged tax fraud ring that prosecutors defrauded the government out of 68 million dollars in taxes. Eight others have been charged. Five of the men arrested Thursday live in southwest Ohio.

A sixth used to live in Ohio now lives in Colorado. Prosecutors say the six men, who were affiliated with the Aegis Company in suburban Chicago, helped clients shift money into fraudulent trusts to avoid paying taxes on the money.

 The arrestees face various criminal charges including conspiracy to defraud the government, filing false tax returns and tax evasion.

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