A Springfield woman pleaded guilty yesterday to a nearly three-quarter-million-dollar tax fraud scheme.
Nancy Walker, 55, pleaded guilty before U.S. Magistrate Judge David Rush to one count of conspiracy, one count of presenting a false claim, one count of theft of government property and one count of aggravated identity theft, according to a news release from Tom Larson, acting U.S. attorney for the Western District of Missouri.
Walker admitted participation in a $718,000 conspiracy from January 2010 to April 23, 2013, to submit false federal income tax returns and make false claims for federal income tax refunds for the 2009-12 tax years.
According to the release, Walker and other conspirators used names, social security numbers and Turbo Tax to prepare and electronically file federal income tax returns. Those returns included fictitious IRS Form W-2 information, listed false employers and reported wages not earned and employment taxes not withheld from the individual.
In total, the conspirators fraudulently claimed $718,927 in federal income tax refunds and under the terms of the plea agreement, Walker will pay $317,498 in restitution, the amount of refunds actually received.
Under federal statutes, Walker is subject to a sentence of up to 20 years in federal prison without parole, plus a mandatory consecutive sentence of two years in federal prison for aggravated identity theft, according to the release. A sentencing hearing will be scheduled after the completion of a presentence investigation by the U.S. Probation Office.
This case is being prosecuted by Assistant U.S. Attorney Casey Clark. It was investigated by IRS-Criminal Investigation.
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