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THERE'S A RIGHT WAY AND A WRONG WAY TO CLEAR THE OLD 'TO DO' LIST

March 24, 2005

There are worse things than having your customers angry with you. One of those things is 20 years in prison:

Six Mellon Bank workers are facing up to 20 years in prison and $750,000 in potential fines from fraud, theft, and mail tampering charges stemming from the destruction of 80,000 taxpayer returns in 2001.

U.S. Attorney Mary Beth Buchanan handed down the three-count indictments against the former IRS lockbox employees nearly four years after it was revealed that workers at Mellon’s Pittsburgh facility had deliberately hidden and subsequently destroyed pertinent tax records in order to claim performance bonuses and avoid IRS penalties.

UPDATE: Dr. Maule has some observations on this.

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