Posted: Aug 18, 2014 2:38 PM by APNewsNow
Updated: Aug 18, 2014 2:38 PM
Source: Associated Press
BATON ROUGE - Louisiana's Department of Revenue says a Rayville tax preparer is accused of using fake business losses to inflate customers' tax returns.
Spokesman Byron Henderson says Donald Ray Jackson allegedly cost Louisiana taxpayers more than $325,000 in fraudulent refunds.
Jackson was booked Friday into the East Baton Rouge Parish Prison on nine counts each of computer fraud and filing false public records, and released on $9,000 bond.
It was not clear whether he has an attorney.
Henderson's news release says two of Jackson's clients told investigators their businesses did not have any losses, and seven said they did not own businesses.
Henderson says fake business losses are among tax frauds targeted by the department and the state Attorney General's Office in an initiative that has brought 31 arrests since March 2013.