Minnesota Man Pleads Guilty to $3.5 Million Tax Fraud Scheme: Faces Up to 20 Years in Prison
PRIOR LAKE, Minn. (AP) — A man from Minnesota has pleaded guilty to wire fraud and assisting in the preparation of a false income tax return, according to officials from the Wisconsin Department of Justice. Court documents and statements made in court revealed that Beau Wesley Gensmer of Prior Lake orchestrated a scheme from 2012 to 2018. He assisted in the preparation of 50 false tax returns, which fraudulently claimed inflated tax refunds on behalf of unsuspecting taxpayers. Gensmer emailed knowingly false information to a tax return preparer in Alaska, including fraudulent business losses and … Read more