An Allentown tax preparer has admitted to a scheme that drew about $1,009,050 in pandemic loans on false applications and put 23 false tax returns on file using stolen identities. Mayerlyn Cordero, 48, pleaded guilty to five counts of wire fraud and one count of conspiracy to file false claims, the U.S. Attorney’s Office for the Eastern District of Pennsylvania announced Oct. 27. U.S. Attorney David Metcalf announced the plea, and U.S. District Judge Joseph F. Leeson Jr. will sentence her on Feb. 3.
Cordero operated May Tax, a tax preparation business. She was charged by indictment in February, and the plea resolves that case ahead of sentencing.
What was in the loan applications?
The announcement describes two false Paycheck Protection Program applications in the name of May Tax, each with inflated employee numbers and a false tax document. A third, an Economic Injury Disaster Loan application for May Tax, also overstated the number of employees…