Fourth Person Caught In Multi-Million Dollar Scheme To Defraud IRS

India-West News Desk

AUSTIN, TX -A Texas tax return preparer has pleaded guilty in federal court to filing false tax returns as part of a sophisticated fraud scheme that resulted in millions of dollars in losses to the U.S. government.

Subhala Suresh admitted to preparing fraudulent filings for clients between January 2019 and October 2022 while working at a local tax preparation firm. According to federal prosecutors, Suresh intentionally included fictitious expenses in these returns to illegally reduce her clients’ tax liabilities, resulting in the issuance of refunds to which the taxpayers were not entitled.

Court documents reveal that Suresh’s specific actions caused a total tax loss to the United States estimated between $250,000 and $550,000. She now faces a maximum penalty of three years in federal prison, in addition to potential supervised release, mandatory restitution, and significant financial fines.

Suresh is the fourth defendant to plead guilty in connection with this wider investigation. Federal authorities previously secured guilty pleas from three other Texas-based preparers involved in the same scheme.

Among them, Mathews Chacko admitted to conspiracy to defraud the U.S., a charge linked to tax losses totaling between $3.5 million and $9.5 million.

Two other individuals, Anish Pillai and Mou Kundu, also pleaded guilty to filing false tax returns; Pillai admitted to causing losses between $1.5 million and $3.5 million, while Kundu admitted to losses ranging from $250,000 to $550,000.

All four defendants are currently awaiting sentencing dates.