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ypsiCPA

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Wednesday, 06/23/2010 12:42:12 PM

Wednesday, June 23, 2010 12:42:12 PM

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Prisoners cashed in on homebuyer tax credit

By Aaron Smith, staff writer June 23, 2010: 11:04 AM ET

NEW YORK (CNNMoney.com) -- 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.

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