An Atlanta tax preparer will spend more than three years in federal prison for filing bogus tax refunds for his clients over a nine-year period.
Eugene Gibbons claimed more than $1.2 million in fraudulent funds, federal prosecutors said, claiming phony deductions, expenses and credits, which resulted in refunds for his clients that they did not deserve.
Those clients, in turn, paid him a portion of those fraudulent fees, court officials said.
Gibbons, 65, was sentenced to three years, six months in prison, followed by two years of supervised release. He is also ordered to pay $1.2 million in restitution to the U.S. Treasury.
He pleaded guilty to two counts of aiding and abetting in the preparation of false tax returns in July 2012.
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