SJ man faces 28 counts of tax-related fraud

March 21, 2011 1:14:08 PM PDT
A San Jose man faces 28 counts of fraud-related charges after he allegedly filed false tax returns for himself and four clients during at least a four-year span, according to the U.S. Department of Justice.

Anthony Vo, 40, is believed to have defrauded clients from 2005 to 2009 by filing false tax returns to the IRS on behalf of himself and his clients, IRS officials said.

Vo allegedly collected money from clients who owed taxes and said he would use the money to pay the bills under a company called Anthony's Accounting and Tax Services, officials said.

But Vo apparently prepared for the IRS false tax returns, which claimed his clients were entitled to refunds, and then took the refunds without telling his clients, officials said.

If convicted, Vo could face 20 years in prison for each of the 12 counts of wire fraud against him, along with penalties of $250,000 for each count.

For the false tax returns, Vo could face three years in prison for each of the 16 counts against him, and penalties of $250,000 for each count, according to the U.S. Department of Justice.