The new inductee of the Tax Preparers' Hall of Shame goes to....... A IDIOT!
A Santa Barbara-based CPA who claimed on his Web site that he has appeared as a tax and financial expert on national television shows was convicted by a federal jury on charges that he underreported more than $1 million by pretending that his accounting income had been earned by his nonprofit foundation for providing “marital counseling.”
Steven Mark Pybrum, 61, who operated his accounting practice under the names of Pybrum & Company, LLP, and Family Business Center, was convicted in October of four counts of subscribing to false income tax returns. The jury deliberated for less than three hours before returning their verdict.
Original story: http://www.accountingtoday.com/news/CPA-Convicted-Claiming-Marriage-Counselor-64452-1.html
Okay, stop the presses! I'm almost at a lost of words. I know how tough it is to pass the CPA exam. I can't believe that a CPA could do something this fraudalent and stupid. Listen to me People, stop assuming that our Justice system is made of a bunch of clowns! Money is not worth going to jail or losing an professional license. Just be happy, free and broke like the rest of us. Welcome to the Tax Preparers' Hall of Shame!