United States Attorney Ron Parsons announced that a Sioux Falls, South Dakota, man convicted of Preparation of False and Fraudulent Tax Returns was sentenced on July 26, 2019, by U.S. District Judge Karen E. Schreier.
Isaiah H. Rangel, age 50, was sentenced to 24 months in federal prison, followed by 1 year of supervised release, restitution to the U.S. Department of Treasury in the amount of $46,648, and a special assessment to the Federal Crime Victims Fund in the amount of $100.
Rangel was indicted by a federal grand jury on April 4, 2018. He pled guilty on April 3, 2019.
The conviction stemmed from incidents between Jan. 29, 2015, and April 15, 2015, when Rangel, who owned 1st Global Tax in Sioux Falls and in Huron, prepared false tax returns for the tax year 2014 by preparing false Schedules C and Forms 1099, which resulted in fraudulent refunds for clients.
This case was investigated by the Internal Revenue Service. Assistant U.S. Attorney Jeffrey C. Clapper prosecuted the case.
Rangel was ordered to report to the custody of the U.S. Marshals Service by Aug. 23, 2019.
Source: U.S. Department of Justice, Office of the United States Attorneys
