The Department of Justice is moving to shut down a Florida-based tax preparation operation, alleging the business orchestrated a massive scheme to drain millions from the U.S. Treasury through fraudulent returns.
In a civil complaint filed in the U.S. District Court for the Southern District of Florida, federal authorities are seeking a permanent injunction against Cedric Reid, Juan Santana, and Reid’s company, Advance Tax Group Inc.
Operating out of offices in Daytona Beach and Ocala, the defendants are accused of systematically underreporting what their clients actually owed. According to federal prosecutors, the group didn’t just make a few honest mistakes; they allegedly manufactured an array of false filing statuses, inflated business losses, and claimed “ghost” credits to maximize refunds…