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Business Owner Sentenced for $100M COVID Tax Fraud Scheme
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Subscribe09 APR 2026 / ACCOUNTING & TAXES
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Nevada business owner, Candies Goode-McCoy, has been sentenced to 54 months in prison after defrauding the government of nearly $98 million in COVID-era tax credits. She exploited the Employee Retention Credit and paid sick family leave credits, both programs meant to help businesses during the pandemic, and managed to personally pocket over $1.3 million.
Back in the thick of COVID chaos, the government rolled out tax credits to keep businesses afloat. The idea was simple: help employers survive, keep workers paid, stabilize the economy. Fast forward a couple of years, and that same relief program turned i...
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