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Gypsum man creates fake church to evade taxes


A Gypsum man has been sentenced to a year and a day in prison after he set up a fake church to avoid paying taxes on what he said was a $250,000 charitable contribution to the organization.
Trenton Switzer, 40, of Gypsum was sentenced this week to pay a restitution fee of $241,964, in addition to the prison time, after pleading guilty to tax fraud on April 26 of this year, according to a press release from the U.S. Department of Justice.
“Mr. Switzer’s claim to be the pastor of a fake church he created to evade his taxes landed him in a real prison,” Acting U.S. Attorney Matt Kirsch said in the release. “My office will continue to aggressively pursue people who cheat on their taxes.” ....

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Voice of the Consumer: Be wary of scammers looking to take advantage of CARES Act funding


In the year since the bill passed, scammers have been taking advantage of it.
According to the IRS’s Criminal Investigation Division, the agency investigated more than 350 tax and money laundering cases nationwide, totaling $440 million. Most of the investigations focused on fraudulently obtained loans, credits and payments.
“IRS Criminal Investigation’s mission is to support our nation’s tax system, which in turn helps support the priorities outlined in the CARES Act,” said Special Agent in Charge Andy Tsui from the IRS’s Denver Field Office. “Our special agents will use their financial expertise to investigate and recommend for prosecution those who attempt to defraud the CARES Act programs that were established to help taxpayers in need.” ....

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