A federal grand jury in the Northern District of Alabama indicted Michael Shine, 55, of Birmingham, for preparing false tax returns for clients and filing fraudulent personal returns. The indictment alleges Shine, owner of ‘Shine’s Professional Services,’ submitted false claims between 2021 and 2026, falsely certifying clients qualified for geothermal heat pump tax credits. This led to over $70 million in refunds, with $65 million paid out. Shine also underreported his business income on personal returns. He faces 30 counts of aiding false returns and three counts of filing false returns, each carrying up to three years in prison. The case involves collaboration between the Justice Department’s National Fraud Enforcement Division and IRS Criminal Investigation. All defendants are presumed innocent until proven guilty.
Source: U.S. Department of Justice (DOJ).
Materials reproduced from https://www.justice.gov/.
No endorsement by the DOJ is implied.
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