Canadian admits collecting $383K through fake IRS tax return
Jul. 18, 2017
ROCHESTER, N.Y. (AP) — A Canadian man admits he cheated the U.S. government out of $338,000 by filing a fake tax return with the Internal Revenue Service.
Federal prosecutors say 52-year-old Jose Compuesto of Mississauga, Ontario, is the fourth Canadian man convicted in the 2010 fraud.
Under a plea agreement announced in western New York Tuesday, he faces up to five years in prison and must repay the money.
Authorities say Compuesto filed a nonresident alien income tax return in 2010, deposited the refund in suburban Buffalo and transferred the funds to other U.S. and Canadian bank accounts.
He'll be sentenced in October in federal court in Rochester for conspiring to defraud the United States and theft of government funds.
A co-defendant is serving an 11-year sentence. Two others are awaiting sentencing.