Man admits role in New Jersey tax refund scheme
NEWARK, N.J. (AP) — Federal prosecutors in New Jersey say a New York City man has admitted his role in a stolen identity and tax refund fraud scheme.
Raymundo Hernandez pleaded guilty Tuesday in federal court in Newark to a complaint charging him with conspiracy to steal government funds.
The 35-year-old Bronx resident faces up to 5 years in prison when he’s sentenced Nov. 6.
Prosecutors say Hernandez was the ringleader of a conspiracy to steal more than $2.6 million in fraudulent income tax refund checks issued by the United States.
New Jersey’s U.S. attorney says the ring followed a common tactic in stolen identity refund fraud schemes, in which the stolen identities of Puerto Rican citizens are used to create and file false federal tax forms in order to get refund checks.