Tuesday, Sept. 4, 2012 | 7:15 p.m.
A man facing charges of defrauding the government of more than $300,000 pleaded guilty to one count of filing false tax claims at federal court on Tuesday, Internal Revenue Service official Sam Holland said.
Michael Titus, 49, was indicted on Dec. 14, 2011, on three counts of filing false claims and three counts of aiding and abetting from 2006 to 2008, Holland said. Court documents showed that Titus fabricated his withholdings and losses in his individual income tax return forms from 2006 to 2008, Holland said.
He then presented the claims to the U.S. Treasury Department and received $305,898 in tax returns, Holland said.
Titus is scheduled to be sentenced on Dec. 10 and could face up to five years in prison, a fine or both, Holland said. He also agreed to pay back $305,898 in restitution, Holland said.
Holland said the case is being prosecuted by the U.S. Attorney’s Office in Las Vegas.
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