In Washington, D.C., and District Heights, Md., the former owner of Speedy Tax Services LLC has been sentenced to 21 months in prison for multiple financial crimes. According to the Justice Department, Awett Tedla was convicted of conspiring to file false tax returns, wire fraud, and tax evasion.
Tedla was accused of preparing and filing false income tax returns for her clients. These returns allegedly included fake businesses and claimed tax credits that were used to inflate tax refunds. As a result, the IRS suffered a significant financial loss totaling over $171,500.
Furthermore, it was discovered that Tedla had filed an inaccurate tax return for her own business. This led to further evasion of taxes and contributed to her criminal charges.
Overall, Tedla’s actions not only harmed the IRS but also her clients who unknowingly had false information included on their tax returns. As a result, she will be serving time in prison for her crimes.
