Home About

TL;DR CNBC


Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah - TL;DR CNBC

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

Publishing timestamp: 2024-06-07 17:19:52


Summary

A former IRS employee in Utah was indicted for trying to steal $2.1 million in tax credits owed to Exxon Mobil by diverting funds using a taxpayer database he had access to. The employee created an entity to receive the funds and tried to deposit a U.S. Treasury check at multiple credit union locations.


Sentiment: NEGATIVE

Tickers: XOM, 

Keywords: business,  politics,  utah,  laws,  credit unions,  business news,  taxes,  crime,  breaking news: politics,  government taxation and revenue,  fraud and false statements,  internal revenue service,  exxon mobil corp,  oil and gas, 

Source: https://www.cnbc.com/2024/06/07/irs-employee-charged-in-exxon-mobil-tax-credit-theft-bid.html


Developed by Leo Phan