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Calgary man tries to scam over $700K in false tax refunds
A Calgary man has been charged in connection to an employment scam where people’s personal information was used to make false tax refund claims.The Canada Revenue Agency headquarters in Ottawa is shown in 2011. A Calgary man has been charged in connection to an employment scam where people’s personal information was used to make false…
A Calgary man has been charged in connection to an employment scam where people's personal information was used to make false tax refund claims.
A Calgary man has been charged in connection to an employment scam that involved filing 317 false tax returns that claimed more than $760,000 in refunds.
The Canada Revenue Agency says Chun Chu, also known as Ted Zhu, was charged on Thursday with one count of claiming a refund to which he or other people are not entitled to and two counts of fraud over $5,000, according to a news release Friday.
Zhu is alleged to have set up fake job postings to gather the personal information of those who responded, according to the agency's release, which is based on court records.
He then allegedly used the information to electronically prepare, print out and file at least 317 personal tax returns.
The tax refunds he claimed totalled more than $760,000.
Zhu attempted to have those refunds deposited into bank accounts he controlled, the CRA says.
The CRA is responsible for investigating suspected cases of tax evasion, fraud and other serious violations of tax laws. It also recommends cases for criminal prosecution.
In 2019-20, the prosecution conviction rate for tax-related crimes was 94 per cent, according to the agency.
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