Bloomberg Tax
Feb. 4, 2019, 6:50 PM UTC

Accountant Guilty of $11M Fraud Gets Enhanced Sentence

Carolina Vargas
Carolina Vargas
Legal Editor

An accountant will serve a longer time in prison after filing fraudulent tax returns while he was on probation for earlier negligence, the Tenth Circuit ruled Feb. 4.

Donald Iley tricked clients out of more than $11 million by failing to pay their payroll taxes, which he held in trust. After the fraudulent behavior was discovered in 2015, he pleaded guilty to wire fraud and helping in the preparation of false tax returns. He was sentenced to an enhanced range of 97 to 121 months’ imprisonment.

Iley’s sentence was properly enhanced for violating a 2010 Agreement and Final Agency Order, ...

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