Mo’ Money Workers Banned from Preparing Taxes

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(Nashville) A federal court has permanently banned two employees of a Mo’ Money tax franchise from preparing taxes.  Toney Fields and Trumekia Shaw are from Memphis.  The couple ran Fields Mo’ Money in Nashville.

A federal judge signed the order Friday.  Attorneys for the government say their investigation revealed Fields and Shaw repeatedly engaged in fraudulent conduct.

According to the complaint, the two would illegally prepare taxes off of customers’ year end pay stubs rather than W2s. Attorneys say Fields and Shaw claimed improper credits usually related the Earned Income Tax Credit and child tax credits.

The government estimates the fraudulent practices cost them roughly $5 million.

Mo’ Money Story Archive:

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.