Tax-Scam CPA Busts Out of Jail
Former Cooperstown, N.Y., CPA James Broten escaped from a federal prison camp in Estill, N.C., while serving a 70-month sentence in connection with the filing of false income tax returns. In a seven-day trial in July 2002, Broten, now 42, was found guilty with two others in a $2.8-million phony refund scheme. The plot involved seeking tax refunds in the names of dummy companies. But tax agencies caught on before sending out any refund checks.More...