July 13, 2022

The owner and operator of North Carolina-based Kapital Financial Services, Joseph Octave, has been sentenced to over 3 years in prison after being convicted of orchestrating a criminal conspiracy that caused a $2.5 million loss to the IRS.  Between 2014 and 2019, under Octave’s direction, employees at the tax preparation business’s two offices falsified clients’ tax returns by claiming false deductions, business losses, and credits.  DOJ

Tagged in: Criminal Proceedings, Tax Fraud,