Federal Indictment Charges Sacramento Woman with Preparing False Tax Returns

SACRAMENTO, Calif. — A six-count indictment returned by a federal grand jury was unsealed today, charging Leticia Tyshalle Reed, 42, of Sacramento, with making false claims to the Internal Revenue Service, U.S. Attorney McGregor W. Scott announced.

According to the indictment, Reed prepared and submitted federal income tax returns for tax years 2013 and 2014 for individuals that included false information and sought refunds that Reed knew the individuals were not entitled to receive.  

This case is the product of an investigation by the IRS Criminal Investigation. Assistant U.S. Attorney Shelley D. Weger is prosecuting the case.

If convicted, Reed faces a maximum statutory penalty of five years in prison and a $250,000 fine on each count. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.