Advertisement

 SEATTLE (AP) -At least seven current and former NFL players have been tangled up in a complicated tax scam, the Justice Department said Thursday. But the agency declined to release names or say whether they participated knowingly.
According to federal complaints filed against two tax preparers, the players were among dozens of people who sought to amend old tax returns and receive big refunds, which they would then ``invest'' in a sham gold-mining company. The mining company, Meredon Mining Co. of Colorado, would then give some money back to the investors.
The tax preparers - William H. Camp Jr., of Washington, D.C., and Eric J. Peterson of Channelview, Texas - promised their customers that the scheme was legal, the complaints said, and they claimed $34 million in fraudulent refunds. The IRS paid out $1 million before uncovering the scheme, and is now trying to get the money back.
Neither Camp nor Peterson appeared to have listed telephone numbers, and it was unclear whether they had obtained lawyers. The complaints - filed in U.S. district courts in Seattle, where several of the customers lived, and Houston - seek injunctions forbidding Camp and Peterson from continuing the alleged activity.
The investigation is ongoing; Justice Department spokesman Charles Miller declined to say whether criminal charges would be forthcoming.
Meredon Mining is controlled by Milo Brost, of Calgary, Alberta. The Alberta Securities Commission issued a lifetime ban against Brost last summer because of his long history of fraudulent trading practices.

Top NFL Public Bets

NFL Top Stories

Thumbnail Titans vs. Texans Pick Will the Titans and Texans surprise and play over the total for bettors when the AFC South rivals clash at 1:00PM ET?
Thumbnail Panthers vs. Falcons Pick Will Sunday's NFC South matchup between the Panthers and Falcons fall under the total at 1:00PM ET?
Thumbnail Raiders vs. Ravens Pick The Baltimore Ravens looks to stay unbeaten when they play host to the Oakland Raiders on Sunday at 1PM ET.
Thumbnail Colts vs. Jaguars Pick The NFL holds its first game in London of the 2016 season when the Jacksonville Jaguarshost the Indianapolis Colts...
Thumbnail Dolphins vs. Bengals Pick Will the Thursday Night Football matchup this week in the NFL be a defensive struggle between the Dolphins and Bengals at 8:25PM ET?
More inNFL Articles  
Advertisement

NFL Team Pages