The IRS has been cracking down on people trying to defraud COVID-19 relief funds and one of the worst offenders comes from North Texas.
In all the agency says they investigated 660 tax and money laundering cases related to COVID fraud, totaling a whopping $1.8 billion. These cases included fraudulently obtained loans, credits, and payments meant for American workers, families, and small businesses.
One of the biggest cases was Dinesh Sah, of Coppell, who was convicted of a scheme to obtain around $24.8 million in PPP loans. Sah applied and was awarded 15 different loans. He was sentenced to 11 years in prison.
The IRS says they have a 100% conviction rate for prosecuted cases with prison sentences averaging 42 months.
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