The Texas Attorney General Greg Abbott today charged Syam Tax Services, LLC and two of its officers – Shannon Mays and Marshrief Shead – with fraudulently obtaining elderly Texans’ sensitive personal information and illegally filing falsified federal income tax returns on their behalf. In response to the State’s enforcement action, Judge Michael Gomez of the 129th District Court of Harris County today froze Syam’s assets and entered a temporary restraining order against all named defendants.
“Targeting senior centers and churches, Syam Tax Services launched an apparently well-orchestrated scheme to defraud the elderly – and even worse, those who rely on federal benefits for their well-being,” Attorney General Abbott said. “My office is working to put a stop to this despicable fraud, and thanks to the court order we obtained today, Syam is prohibited from continuing to violate the law. We first informed Texans of this scam in December, and are now moving swiftly to shut down Syam’s deceptive operation and prevent other seniors from becoming victims of this scam.”
The Attorney General began the state investigation after The Examiner's most recent investigation that revealed Syam had been flourishing even after the federal government began investigating the company for ripping off local seniors, See that story at http://www.theexaminer.com/stories/news/victims-accumulate-while-feds-investigate.