How is something like this even possible????

25 Jun How is something like this even possible????

This is totally unbelievable.  Is this our tax dollars at work???????

Daily Real Estate News  |  June 23, 2010  |  

Inmates Get $9.1 Million in Home Buyer Credits
More than 1,200 prison inmates, including 241 serving life sentences, applied for and received first-time hom ebuyer tax credits, according to a Treasury Department report released Wednesday.

Treasury said many filed multiple claims, even some outside the alloted time period, and received help from paid preparers. Altogether they fraudulently received $9.1 million in tax credits with $1.7 million going to prison lifers.

The report also identified 2,555 filers who received $17.6 million for homes that they purchased before the tax credit program began. It flagged 206 filers who sought credits on multiple properties and were awarded $1.4 million.

In addition, 34 employees of the IRS were nabbed for filing illegally for the credit.

Source: CNNMoney, Aaron Smith (05/23/2010)