HOUSTON - The owner of Crown Financial Services has entered a guilty plea to aiding and assisting in preparing false tax returns, announced U.S. Attorney Ryan K. Patrick.
Fatai Adeniji was the sole tax preparer for Crown Financial Services. From 2012 through 2016, he admitted he prepared false tax returns for his clients which contained false income, false expenses, false education credits and false earned income credits.
Further, from 2013 through 2015, Adeniji prepared and filed false tax returns for himself which omitted most of his earned income from tax preparation and claimed false education credits.
U.S. District Judge Keith Ellison accepted the plea and set sentencing for Oct. 4, 2018. At that time, Adeniji faces up to three years in federal prison as well as a possible $100,000 fine.
He was permitted to remain on bond pending that hearing.
IRS - Criminal Investigation conducted the investigation. Assistant U.S. Attorney Vernon Lewis is prosecuting the case.
Source: U.S. Department of Justice, Office of the United States Attorneys
