WASHINGTON (KTNV) — A Las Vegas man is accused of conspiring to defraud the IRS to the tune of $11 million on behalf of several automotive collision centers, according to the U.S. Department of Justice.
According to a superseding indictment, Lance K. Bradford conspired with others to prepare tax returns falsely claiming that the centers and their owners incurred millions in deductible expenses.
From 2013 through 2015, these false returns allegedly claimed more than $11 million in false deductions, resulting in significant underreporting of business income and taxes due to the IRS, the DOJ says.
Bradford was previously charged with aiding and assisting in the filing of false individual, corporate, and partnership returns on behalf of other individuals and businesses.
If convicted, Bradford faces a maximum sentence of five years in prison for the conspiracy charge and three years in prison for each of the 29 counts of aiding and assisting the filing of a false tax return. Bradford also faces a period of supervised release, restitution, and monetary penalties.
Additional information about the Tax Division and its enforcement efforts may be found on justice.gov.