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Inmate accused of filing $740 million in false tax refunds
Posted: 02.04.2011 at 4:57 PM
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SYRACUSE (AP) -- A 47-year-old state prison inmate is accused of filing for more than $740 million in false tax refunds in a federal grand jury indictment.

An eight-count indictment against Ronald Williams, an inmate at Greene Correctional Facility in Coxsackie, N.Y., says that between 2007 and 2009 he filed eight claims for federal refunds totaling $740.5 million.

Assistant U.S. Attorney John Duncan says Friday that Williams never collected any money.

Williams, who's serving a prison sentence of two to four years on a conviction of criminal possession of stolen property, would face up to five more years in prison and a $250,000 fine if convicted in the tax scheme.

The indictment comes a week after federal officials announced a crackdown on federal prisoners filing bogus tax refunds from their cells.

(Copyright ©2011 by The Associated Press. All Rights Reserved.)

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