Another important heads up regarding Ponzi Schemes. This is good for people to be on the look out for - to avoid problems.
"IRS: Tax Preparer Wrongly Claimed Madoff-Like Losses" A professional who is being investigated for false tax refunds based on Ponzi Scheme losses.
Read full story here:
http://www.forbes.com/2010/04/19/irs-madoff-theft-loss-deduction-personal-finance-tax-preparer-sued.html?boxes=Homepagechannels
