Advertisement

Shoreview man charged with multiple tax crimes, Department of Revenue says

Shoreview man charged with multiple tax crimes, Department of Revenue says Photo: KSTP

March 25, 2019 02:56 PM

The Minnesota Department of Revenue has announced that the Ramsey County Attorney's Office recently charged a Shoreview owner of a tax preparation service with multiple felonies.

According to a release, Olufemi Augustine Badejo is charged with four counts of filing a false income tax return, four counts of knowingly preparing tax returns that were fraudulent or false and one count of filing a false property tax refund claim.

Advertisement

The release alleges Badejo, the owner of New Horizon Investments, defrauded the state of well over $214,000 through his actions. It claims he knowingly placed false information like fraudulent business expenses and fake charitable contributions on his clients' tax returns in order to reduce their taxable income and increase their refunds.

It also alleges he filed false tax returns from 2014-17 that failed to accurately state his taxable income, as well as claiming he filed a false property tax return in 2016. It alleges he owes nearly $23,000 in tax, penalties and interest.

Connect with KSTP


Join the conversation on our social media platforms. Share your comments on our Facebook, Instagram, and Twitter pages.

Credits

Frank Rajkowski

Copyright 2019 - KSTP-TV, LLC A Hubbard Broadcasting Company

Advertisement

UPDATE: Arrest made in connection with a homicide in St. Paul Friday night

Challenger Learning Center of Minnesota Celebrates 50th Anniversary of Moon Landing

Nation celebrates 50th anniversary of 1st lunar footsteps

Severe weather moves through Minnesota, Wisconsin

Celebrate the moon landing with Minnesota moon rocks, Apollo movie

So Minnesota: Largest crow statue in the world

Advertisement