$763Min fraudulent refunds one promoter's clients claimed from the IRS
One sovereign citizen tax promoter helped almost 1,000 people file $763 million in fraudulent refund claims against the IRS, which paid out $14 million before catching the fraud.
Ronald Brekke charged his mostly Canadian clients about $400,000 in fees to teach the scheme, called 1099-OID fraud, that falsely claims debts can be redeemed from a secret Treasury account. He was sentenced to 12 years in prison and ordered to pay $6,206,998 in restitution.
Source: US Attorney's Office, Western District of Washington (Department of Justice archive). Read more: sovereign citizen debt elimination scam · case file