Sioux Falls Man Pleads Guilty to Aiding and Assisting in the Preparation of False and Fraudulent Tax Returns

United States Attorney Ron Parsons announced that Isaiah H. Rangel, age 50, of Sioux Falls, South Dakota, appeared before District Judge Karen E. Schreier, on April 3, 2019, and pled guilty to an Indictment that charged him with Aiding and Assisting in the Preparation of False and Fraudulent Tax Returns.       

The maximum penalty upon conviction is 3 years in federal prison and/or a $100,000 fine, a period of supervised release of not more than 1 year, and a special assessment to the Federal Crime Victims Fund in the amount of $100.

Between January 29, 2015, and April 15, 2015, Rangel, a resident of South Dakota, operated a tax preparation business known as 1st Global Tax.  Rangel willfully assisted in the preparation of a false and fraudulent Income Tax Return of a taxpayer for calendar year 2014.

The investigation was conducted by the Internal Revenue Service.  The case is being prosecuted by Assistant U.S. Attorney Jeffrey C. Clapper.

A presentence investigation was ordered and a sentencing date was set for June 24, 2019.  The defendant was released pending sentencing.