FOR IMMEDIATE RELEASE:
April 11, 2001
TAX RETURN PREPARER INDICTED FOR
Albert Balboni, Assistant U. S. Attorney
(Houston) Mervyn M. Mosbacker, United
States Attorney for the Southern District of
The indictment alleges that Morgan prepared fifteen tax returns for eleven taxpayers over a two year period which contained fraudulent deductions designed to obtain a larger refund for his clients. In each instance, Morgan added false and fictitious Schedule A deductions to the taxpayer's return.
If convicted, Morgan faces a possible sentence of three years imprisonment, one year supervised release, and a fine of $250,000. This case was investigated by Special Agents of the Internal Revenue Service and is being prosecuted by the United States Attorney's Office.