User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


19° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

USD Students Suspected In Tax Return Scheme

May 9, 2012, 6:05 PM by Hailey Higgins

USD Students Suspected In Tax Return Scheme
VERMILLION, SD -

Police say it started as a suspicious person at a Vermillion ATM. Authorities say it lead them to a high-tech organized crime room run out of a University of South Dakota dorm room that crosses state lines.

The result is tax fraud that's so sophisticated, law enforcement isn't sure how far it reaches. Vermillion Police say at least two undergraduate students from USD participated in a scheme to file false tax returns with stolen identities to get a large return on IRS issued debit cards.

"They can report that you made $200,000 and are due back $7,000 back and then spend the money before anyone knows it's all a lie," Vermillion Police Chief Matt Betzen said.

While living on campus, the men allegedly collected names and social security numbers in the Vermillion area.

After a search of the dorm room in April, Betzen says detectives uncovered at least one instance where the men collected more than $7,000 from the IRS after filing a fake return. But Betzen warns there likely are more victims.

Right now, police say they don't know how many victims there could be in South Dakota. They're urging everyone to pay special attention to their mailbox.

"If you start getting correspondence from the IRS that doesn't make any sense, you need to get right away with the IRS and find out whether or not you've been a victim of identity theft," Betzen said.

USD administration declined a request for an on-camera interview. But in a statement, President James Abbot said "It disappoints me to think any of our students could be involved. We will assist the investigation in any way we can. If necessary, our students will be held accountable by not only the judicial system but the University as well."

The US Treasury is now handling the case. Betzen says it could take months before arrests are made.

If you believe someone has filed a fraudulent tax return using your information, contact the IRS Identity Protection Specialized Unit (IPSU) at 1-800-908-4490.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View news

You may also like

ISIS 'Kill List' Said To Include Target In Rapid City

3/24/2015 2:30 PM

CBS News confirms ISIS has a target in South Dakota.

Full Story
Family: Crow Creek BIA Superintendent Stabbed At His Office

3/25/2015 4:36 PM

An investigation is underway into the stabbing of the Crow Creek BIA Superintendent.

Full Story
Empire Mall Burger King Closes

3/22/2015 2:30 PM

The Burger King inside The Empire Mall in Sioux Falls is closing Sunday, March 22.

Full Story
Four Arrested On Drug Charges, Accused Of Making Hashish Oil

3/23/2015 1:32 PM

Four people are accused of making drugs just a block away from from the Clay County sheriff's office.

Full Story
Huron Man Dies In Rollover Crash

3/22/2015 11:42 AM

A Huron man was killed Saturday morning in a rollover crash at the intersection of 216th Street and SD Highway 45 in Hand County, near Miller.

Full Story


Events