Neil Nisperos, Staff Writer
Posted: 10/03/2011 12:25:41 PM PDT
A federal investigation into the practices of two San Bernardino County tax service companies has resulted in one of the largest indictments issued for tax fraud, federal officials said.
The Fontana-based Old Quest Foundation Inc. and Rancho Cucamonga-based De la Fuente and Ramirez and Associates filed false federal income tax returns containing bogus claims for refunds that sought more than $250 million, officials said.
The IRS investigation, code named "Operation Stolen Treasures," resulted in 32 federal indictments that name a total of 55 defendants. Nearly half were arraigned in U.S. District Court in Santa Ana.