• Thu. May 13th, 2021

South Jersey Tax Preparer Gloria Valentin Admits Filing False Income Tax Returns

South Jersey Tax Preparer Gloria Valentin Admits Filing False Income Tax Returns

(STL.News) – A South Jersey woman who owns a tax preparation business admitted today to helping her clients file falsified tax returns, U.S. Attorney Craig Carpenito announced.

Gloria Valentin, 48, of Cherry Hill, New Jersey, pleaded guilty by teleconference before U.S. District Judge Renee Marie Bumb in Camden federal court to an information charging her with one count of aiding and assisting in the preparation of false income tax returns.

According to documents filed in this case and statements made in court:

Valentin owned, operated and approved all of the income tax returns filed by GNG Business Solutions in Cinnaminson.  She admitted that she prepared approximately 60 income tax returns for 27 tax clients during tax years 2013 through 2016.  Those tax returns contained similar patterns of false and fictitious Schedule A itemized deductions and unreimbursed employee business expenses. Valentin and her employees fabricated Schedule A, unreimbursed employee business expenses when none were incurred.  Those false expenses resulted in substantially reduced income tax liabilities and resulted in larger refunds for her clients and caused a tax loss of $201,896 to the government.

The charges to which Valentin pleaded guilty carry a maximum potential penalty of three years in prison and a $250,000 fine. Sentencing is scheduled for Sept. 8, 2020.

U.S. Attorney Carpenito credited special agents of IRS-Criminal Investigation, under the direction of Acting Special Agent in Charge Laura J. Perry, with the investigation leading to today’s guilty plea.

The government is represented by Senior Trial Counsel Jason M. Richardson of the U.S. Attorney=s Office Criminal Division in Camden.

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Marty Smith

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.