Live Breaking News & Updates on Flash Tax|Page 1

Stay updated with breaking news from Flash tax. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Palos Tax Preparer Accused Of COVID Loan Fraud


Reply
Palos Heights tax preparer Hadi Isbaih is accused of steering millions of dollars in falsified PPP and EDIL loan applications to clients. (D’Ann Lawrence White/Patch)
CHICAGO – A Palos Heights tax preparer is accused of assisting customers in obtaining millions of dollars in loans under the Coronavirus Aid, Relief and Economic Security Act. Hadi Isbaih, 39, is charged with four counts of wire fraud.
Isbaih owned and operated Flash Tax Service Inc. a tax and investment consulting firm at 87th Street and Harlem Avenue in Bridgeview. According to the federal indictment, Isbaih submitted hundreds of Flash Tax customers PPP and EIDI falsified applications about customers businesses, such as gross revenue, expenses and number of employees. Through his false statements and misrepresentations, the feds allege that Isbaih steered millions of dollars of fraudulent PPP and EIDL loans and grants to Flash Tax clients. ....

Flash Tax Service Inc , Flash Tax Service , Harlem Avenue , Flash Tax , ஃபிளாஷ் வரி சேவை இன்க் , ஃபிளாஷ் வரி சேவை , ஹார்லெம் அவென்யூ , ஃபிளாஷ் வரி ,

Suburban Chicago tax preparer charged with COVID relief fraud


Chicago   A suburban Chicago tax preparer has been indicted on federal fraud charges for allegedly fraudulently assisting customers in obtaining millions of dollars in loans under the Coronavirus Aid, Relief, and Economic Security Act.
Hadi Isbaih of Palos Heights, Ill., was charged in an indictment returned Monday in the Northern District of Illinois with four counts of wire fraud. An initial court appearance is scheduled for today at 2:15 p.m. before U.S. Magistrate Judge Beth W. Jantz.
The indictment was announced by John R. Lausch, Jr., United States Attorney for the Northern District of Illinois; Tamera Cantu, Acting Special Agent-in-Charge of the IRS Criminal Investigation Division in Chicago; Emmerson Buie, Jr., Special Agent-in-Charge of the Chicago Field Office of the FBI; and Sharon Johnson, Special Agent-in-Charge of the Central Region of the U.S. Small Business Administration Office of Inspector General. The government is represented by Assistant U.S. Attorne ....

United States , Palos Heights , Johnr Lausch Jr , Bethw Jantz , Emmerson Buie Jr , Sharon Johnson , Nicholasj Eichenseer , Tamera Cantu , Investigation Division , Chicago Field Office , Us Attorney Office , Paycheck Protection Program , Flash Tax Service Inc , Coronavirus Aid , Economic Security , Northern District , Judge Beth , United States Attorney , Acting Special Agent In Charge , Emmerson Buie , Special Agent In Charge , Central Region , Business Administration Office , Economic Injury Disaster Loan , From April , Flash Tax ,