COURT BARS NADN FROM SELLING TAX SCAMS, GIVES DOJ ACCESS TO CLIENT LIST: The Justice Department scored another victory in its war on tax scams when a federal bankruptcy court barred a Las Vegas-based telemarketing firm from selling abusive tax schemes and preparing federal tax returns, and granted the Justice Department access to the company’s records, including its customer information.
The Justice Department’s lawsuit, filed in April, alleged that the National Audit Defense Network, known as NADN, sold fraudulent tax schemes to an estimated 100,000 customers that bilked the government out of $324 million in federal income taxes over the past three years. The suit, which also named 13 individuals and three other companies, alleged that NADN ran a “tax-scam boiler room” that sold bogus Web sites, home-based businesses and “incorporation” packages designed to help customers claim improper tax deductions and credits.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access