Another Guilty Plea in D.C. Tax Scam
Another conspirator in the District tax scandal pleaded guilty yesterday to fraud, prosecutors said. Marilyn Yoon, 40, of Derwood, Md., pleaded guilty in federal court in Greenbelt to possession of property obtained by fraud. She faces up to 10 years in prison and a $250,000 fine.
Yoon met Harriette Walters, the alleged mastermind of what's been called the largest theft of city funds, in 2000. Followers of this scandal will remember that Walters was a big shopper, and thousands of dollars of high-priced merchandise was taken from her home by authorities.
Yoon worked at a Louis Vuitton store that Walters frequented. And when Yoon moved to Neiman Marcus at Tysons Corner, she and Walters remained acquaintances. According to prosecutors, between June 2005 and May 2006, Yoon received about $251,130.
In May 2007, Yoon deposited a $275,000 check, and at the request of Walters, gave $125,000 to a business run by Walters's brother. Prosecutors said Yoon used the rest of the money to make a loan to a family member and to remodel her home.
Your tax dollars at work.
Authorities have said the city has lost up to $50 million in the tax scam. Ricardo R. Walters, 33, of Fort Washington, pleaded guilty on May 2.
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