Fifth Circuit Affirm Lengthy Jail Sentence for "Sophisticated" Tax Fraud Conviction against a Tax Preparer. The Same Cannot Be Said When Banks Commit Fraud. Not One Banker Went to Jail in Texas

Fifth Circuit Affirm Lengthy Jail Sentence for “Sophisticated” Tax Fraud Conviction against a Tax Preparer. The Same Cannot Be Said When Banks Commit Fraud. Not One Banker Went to Jail in Texas

The Government’s first sample of returns estimated a $4,805,820.50 tax loss. To arrive at this figure, the Government reviewed 100 income tax returns prepared by Patel in 2010.