Mr. Coins; a whole book of numbers; lack of horse sense; and other highlights of recent tax cases.
Evansville, Indiana: An undercover IRS agent posed as a crypto trader to trick a dark-web drug dealer into forking over $180,000 to the agency before they arrested him, according to published reports.
Under the username “Mr. Coins,” the agent built a reputation on crypto-for-dollars trading site LocalCryptos, reports said, adding that Mr. Coins put up a listing offering to buy Bitcoin at a premium in cash by mail, shortly attracting a bid from a user called “Lucifallen21.”
Lucifallen21 turned out to be an Indiana man (since arrested) with whom the undercover agent reportedly developed a relationship and who bought thousands of dollars of Bitcoin and other virtual currency for cash. News outlets added that the buyer initially boxed more than $15,000 in clothing-wrapped physical bills and mailed them to Mr. Coins, adding that more cash payments followed. Later the buyer revealed that he was involved in trafficking “pills and opioids” and cocaine on the dark web, according to news reports.
IRS agents were reportedly able to confirm the buyer’s identity when they asked the Postal Service to purposely mark one of his cash shipments as lost. The buyer then called the post office with a number that was linked to his name and forensic analysis pulled his fingerprints from the packages, reports said.
Blairsville, Pennsylvania: Bookkeeper Sandra Jo Doak has pleaded guilty to mail fraud...
Read Full Story: https://www.accountingtoday.com/news/tax-fraud-blotter-skullduggery
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