Prisoners cashed in on homebuyer tax credit

By
Real Estate Agent with JustListedKnoxville.com / Signature Homes

 More than 1,200 prison inmates, including 241 serving life sentences, defrauded the government of $9.1 million in tax credits reserved for first-time homebuyers, according to a Treasury Department report released Wednesday.

Treasury's inspector general also found that thousands of people filed multiple claims or made claims outside the allotted time period. In all, more than $28 million was improperly doled out.

http://money.cnn.com/2010/06/23/real_estate/money_stimulus_fraud/index.htm

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Tags:
prisoners cashed in on homebuyer tax credit

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
128,302
Daniel J. Hansmeier
Rochester, MN

Can we trust our Gov't to do anything efficiently?

So pathetic its almost funny. It is funny. lol

Jun 23, 2010 05:24 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
109,253

Steve Albin

Ask me a question
*
*
*
*
Spam prevention