Pasadena-Based Tax Return Preparer Shut Down After Reportedly Filing Fraudulent Returns that Cost the IRS Millions

Published : Wednesday, September 19, 2018 | 6:42 PM

A Pasadena tax preparer can no longer operate her business after a federal judge in Los Angeles issued an order that permanently bars her from preparing federal income tax returns, the U.S. Attorney’s Office for the Central District of California has announced.

Maria Del Consuelo Vasquez, who operated MCV Business Network Inc., a corporation with offices in Pasadena and other cities in California, Colorado and Kansas, is the subject of a permanent injunction filed Monday by United States District Judge Fernando M. Olguin. The order also bars Vazquez from owning any other tax return preparation business.

U.S. Attorney Nick Hanna said Vasquez filed thousands of tax returns on behalf of her clients under her Preparer Tax Identification Number (PTIN) issued by the IRS. Federal prosecutors filed a lawsuit in July stating Vasquez substantially inflated or completely fabricated charitable contributions and unreimbursed employee business expenses to illegally generate federal income tax refunds for clients or to substantially understate her clients’ tax liabilities.

“Vazquez prepared and filed a total of 9,216 tax returns from January 1, 2015 to May 21, 2018 with her PTIN,” Judge Olguin wrote in the order. “Based on the average deficiency of $2,830.29 from her audited returns, that suggests Vazquez’s fraudulent returns have resulted in harm of over $26 million to the United States from January 1, 2015 to present.”

On the Better Business Bureau website, MCV Business Network Inc., listed as having business offices at 46 South San Gabriel Blvd. in Pasadena, is the subject of two complaints about the business having allegedly entered fraudulent amounts in tax returns.

“This woman… who is stealing from people needs to get her license revoked or something of those standards,” one of the complaints said.

“Upon inspection of my tax return I saw that MCV Business Network had made fraudulent claims on my behalf,” the other complaint said.

The Better Business Bureau gave the company an “F” rating for failing to respond to the two complaints.

Assistant United States Attorney Melissa Briggs of the Tax Division handled the case against Vasquez.

 

 

 

 

 

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