The man who was charged federally with tax fraud after he opened bank accounts in clients names without their knowledge pleaded guilty to it in U.S. District Court in Waco on Tuesday.
Shermin Marshall, of Killeen, was taken into federal custody after an Internal Revenue Service investigation led to his arrest in early March.
Marshall was charged with criminal violations relating to aiding and assisting in the preparation of false tax returns, wire fraud and aggravated identity theft, according to a spokesman from the IRS.
Marshall is charged with using an unauthorized prepaid debit card with another person’s name on it to make purchases that totaled $1,000 or more, according to indictment documents. He is also charged with devising a scheme to obtain money by filing false federal income tax returns on behalf of clients, according to documents. He is also charged with using another individual’s identification card and Social Security number to commit wire fraud and obtain an income tax refund.
The IRS said in 2012 and 2013, Marshall falsified information such as household help income, filing status, dependents and American opportunity credits on the tax return filings of seven different clients.
In total, Marshall is charged with 14 counts of fraud.
U.S. Magistrate Jeffrey Manske presides over the case in Waco, according to Daryl Fields, the public affairs officer for the U.S. Attorney’s office.