An IRS revenue agent was arrested at Los Angeles International Airport after he was indicted a few days earlier by a grand jury on charges of tax fraud and obstructing an investigation into his tax return.

Jim Liu, 42, of Diamond Bar, Calif., claimed on his tax return that he had suffered a loss on a real estate sale when he had actually realized a profit. Liu has been released on a $30,000 bond and is scheduled for arraignment on Nov. 24.

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