A Calgary man has been charged in connection with an employment scam involving the filing of 317 false tax returns claiming more than $ 760,000 in reimbursement.The Canada Revenue Agency said Chun Chu, also known as Ted Zhu, was charged on Thursday with one count of claiming a refund to which he or others are not entitled. and two counts of fraud over $ 5,000, according to a Friday press release.
Zhu allegedly set up fake job offers to collect the personal information of those who responded, according to the agency’s statement, which is based on court records.
He would then have used this information to prepare, print and electronically file at least 317 personal income tax returns.
The tax refunds he claimed totaled over $ 760,000.
Zhu attempted to have these refunds deposited into bank accounts he controlled, according to the CRA.
The CRA is responsible for investigating suspected cases of tax evasion, fraud and other serious violations of tax laws. It also recommends criminal prosecution.
In 2019-2020, the conviction rate for prosecutions for tax crimes was 94%, according to the agency.