Local man pleads guilty to aiding and assisting in the tax fraud case

U.S. Air Force / MGN

The maximum penalty upon conviction is three years in federal prison and/or a $100,000 fine, a period of supervised release of not more than one year, and a special assessment to the Federal Crime Victims Fund in the amount of $100.

Between Jan. 29, 2015, and April 15, 2015, Rangel, 50, operated a tax preparation business known as 1st Global Tax. Rangel willfully assisted in the preparation of a false and fraudulent income tax return of a taxpayer for calendar year 2014.

The maximum penalty upon conviction is three years in federal prison and/or a $100,000 fine, a period of supervised release of not more than one year, and a special assessment to the Federal Crime Victims Fund in the amount of $100.

A sentencing date was set for June 24, 2019. The defendant was released pending sentencing.