ST. LOUIS (AP) — A St. Louis County woman has been found guilty of federal charges for illegally claiming more than $3 million in tax refunds.
A federal jury convicted 69-year-old Nancy Cicero of Kirkwood Wednesday on four counts of filing false claims with the IRS. A sentencing date was not set.
Each count of filing false claims carries a maximum penalty of five years in prison and/or fines up to $250,000.
Federal prosecutors say Cicero claimed false refunds for the years 2005 through 2008 on taxes she claimed to have paid on bond income, and falsified documents as part of the scheme.
Cicero is an adherent of a theory claiming that those with knowledge of proper procedures can obtain hundreds of millions of dollars in their name being held in trust by the government. An IRS investigator called the argument “frivolous.”
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