A new report says that nearly 10% of the 15,000 folks caught scamming the government for the recent home buyer tax credit were doing it from behind bars!
According to a report issued by the Treasury Dept.'s inspector general, 1,295 prisoners, including 241 serving life sentences, somehow managed to receive $9.1 million in credits, despite being locked up at the time.
The report clarifies that these were not prisoners filing joint returns with spouses in the outside world, so there's no way these cons could have purchased a home during the period for which the tax credit was available.
In addition to the criminals behind bars, here are some numbers on shady folks living among us:
• 2,555 taxpayers received $17.6 million in credits for homes purchased before the dates allowed by law.
• 10,282 taxpayers receiving credits for homes that were also used by other taxpayers to claim the credit. In one case, 67 taxpayers used the same home to claim the credit.
Well, it looks like Bernie Madoff has been picking up a few extra bucks doing tax returns for his fellow prisoners!
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