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Date: 02-22-2024
Case Style:
Case Number:
Judge: Jack Zouhary
Court: The United States Court for the Northern District of Ohio
Plaintiff's Attorney: The United States Court for Cleveland
Defendant's Attorney:
Description:
Teresia M. Jones, 34, of Holland, Ohio, was sentenced to 7 years in prison by District Judge Jack Zouhary after earlier pleading guilty to wire fraud, aggravated identity theft and money laundering. Jones received 5 years for wire fraud and money laundering and an additional 2 years for aggravated identity theft which must be served consecutively. Jones was also ordered to pay restitution in the amount of $2,929,519, a $300 special assessment and serve 2 years of supervised release.
According to the court records and testimony beginning in January 2020, Jones defrauded the IRS through a wide-ranging tax refund scheme by submitting false and fraudulent tax filings using stolen identities and claiming millions of dollars in improper tax refunds. Jones then used these funds for personal spending. This tax refund scheme used stolen identity information from real people and businesses. Jones would then prepare and file these fraudulent tax return electronically.
In addition, Jones laundered the stolen tax funds by purchasing a 2022 Cadillac Escalade for over $150,000, real property among other transactions. The Cadillac Escalade was forfeited by government along with a 2022 Dodge Ram truck, two parcels of real property and approximately $328,000 seized from bank accounts.
This investigation was conducted by the IRS Criminal Investigations (CI) and the United States Secret Service (USSS). This case is being prosecuted by Assistant U.S. Attorney Gene Crawford.
Outcome:
Plaintiff's Experts:
Defendant's Experts:
Comments: