Man gets 4-year prison term for $12 million tax return scam

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ST. LOUIS (AP) – A St. Louis-area man has been sentenced to four years in prison for a tax return scheme that netted nearly $900,000. A federal judge on Thursday sentenced Babatunde Olusegun Taiwo, who agreed to a plea deal with prosecutors in September. Federal prosecutors said Taiwo and others obtained personal information from people, including through a data breach at a payroll company. The victims included school district employees in Alabama and Mississippi.

Prosecutors say Taiwo and his co-conspirators filed more than 2,000 fraudulent tax returns that claimed more than $12 million in refunds, of which the IRS paid out about $890,000.

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