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Krystle marie reyes goes on massive spending spree after tax returngave her $2.1m in error by qrt etget





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Krystle marie reyes goes on massive spending spree after tax returngave her $2.1m in error by
Article Posted: 08/28/2012
Article Views: 89
Articles Written: 2163
Word Count: 380
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Krystle marie reyes goes on massive spending spree after tax returngave her $2.1m in error


 
Business,Business News,Business Opportunities
Prosecutors said she went on a spending spree and spent more than$150,000. She later reported the card missing prompting an investigationwhich uncovered the massive fraud which is believed to be the biggest in the history of the state ofOregon. Krystle Marie Reyes, according to an arrest affidavit, paid $2,000in cash for a 1999 Dodge Caravan and used the card to buy $800worth of tires and wheels. She was also caught on CCTV cameras using the card at variousoutlets.

According to the probable cause statement, Krystle Marie Reyesspent $13,000 in Marion County over two days in February, $26,000in March and more than $35,000 in April. The statement says the fraud was discovered on May 7 by the issuerof the debit card after Krystle Marie Reyes reported a secondcard as lost or stolen. Oregon Department of Justice agents arrested Krystle Marie Reyes onWednesday at a Northeast Salem address. The apparent ease with which Krystle Marie Reyes was allegedly ableto defraud the state revenue department has stunned officials. They've got some explaining to do to restore the confidenceof Oregonians, Rep.

Vicki Berger, R-Salem, who serves as co-chair of the HouseRevenue Committee told the OregonLive.com. Is this is an anomaly? If so, let's make sure it neverhappens again. Or do we have a systematic problem in the way theDepartment of Revenue treats this and other transactions? The revenue department processes about $7 billion in tax returnseach year on computer systems designed in the 1980s. In January, the state's chief operating officer, MichaelJordan, pulled the plug on a $100 million computer upgrade that thedepartment said would pay for itself by finding tax cheats.

In 2010, the state reported $559 million in delinquent taxes,mostly from unpaid personal and corporate income taxes. Revenue officials estimate that, in 2006, Oregon's personalincome tax compliance rate was 81.5% – far lower than otherstates – and translating to $1.2 billion in unreported oruncollected taxes that year. Krystle Marie Reyes has been charged with aggravated theft andcomputer crime. She was released from Marion County jail and is due in court onJuly 5th.

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