St. Louis resident convicted for using stolen information to file tax returns

St. Louis resident convicted for using stolen information to file tax returns Featured Image
Ivana Vojinovic Image
Published:

January 13,2020

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Babatunde Olusegun Taiwo, a St. Louis resident, will serve a four year prison sentence for filing fraudulent tax returns using citizens’ stolen personally identifiable information (PII).

Taiwo and his co-conspirators filed more than 2,000 fraudulent tax returns, totaling over $12 million. The claims requested the refunds to be mailed to the criminals’ addresses. They managed to collect $889,712 before they were discovered. 

wThe PII became compromised after a data breach at a payroll company. The amount and type of PII was enough to file false tax returns. The bulk of the victims were school employees from Alabama and Mississippi.

Along with a prison sentence followed by three years of supervised release, Taiwo was also instructed to pay back every cent he gained fraudulently.

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