After only 30 minutes of deliberation, a federal jury yesterday (June 30) convicted Lloyd Irving Taylor, tax attorney and accountant, of 19 felony counts, including aggravated identity theft and tax evasion.
Evidence at trial reportedly showed that he stole identities of dead children and used them as aliases to get fraudulent passports and create phony accounts to hide his income from the Internal Revenue Service.
Taylor created non-existent churches, for which he opened bank accounts, so his income could grow tax-free. Over 42 years, Taylor had filed tax returns only seven times, according to court records.
After only 30 minutes of deliberation, a federal jury yesterday (June 30) convicted Lloyd Irving Taylor, tax attorney and accountant, of 19 felony counts, including aggravated identity theft and tax evasion.
Evidence at trial reportedly showed that he stole identities of dead children and used them as aliases to get fraudulent passports and create phony accounts to hide his income from the Internal Revenue Service.
Taylor created non-existent churches, for which he opened bank accounts, so his income could grow tax-free. Over 42 years, Taylor had filed tax returns only seven times, according to court records.
Comments
My question is a simple one. He had a scheme that could have stayed below the radar for his whole lifetime. How was he detected? Was this a result of our ever-faster computers and huge data storage capabilities, those that didn't exist just a few years ago? The IRS used to have very poor computer systems, and was stumbling in the dark, or so the stories went. Or did someone "out" him to the feds?
Visduh: The IRS is much more alert to various means of evading taxes -- including through identity theft strategies -- than it used to be. But I don't know whether its computers caught him or somebody turned him in. Best, Don Bauder