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Man Arrested for Spending $110k IRS Mistakenly Deposited in His Bank Account

Paul Caron
,

Stephen McDow of Laguna Beach, California has been jailed for spending the $110,000 federal tax refund that the IRS erroneously deposited in his Citibank account. The refund was intended for a Los Angeles woman who requested that the funds be deposited in her Citibank account, but she gave the IRS her old account number that had been reassigned to Mr. McDow.

(Hat Tip: Ann Murphy.)

About the Author

Paul Caron Avatar
Paul Caron
Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.
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6 responses to “Man Arrested for Spending $110k IRS Mistakenly Deposited in His Bank Account”

  1. Randall Kau Avatar
    Randall Kau

    Do any readers believe the victim has any claim against the IRS or Citibank?

  2. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  3. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  4. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  5. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  6. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  7. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  8. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  9. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  10. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    Tax refunds gone wild

    Interesting things can happen when tax refunds go astray. Peter Pappas passes on a tale of a California man who…

  11. Woody Avatar
    Woody

    Surely, this was an answer from God after using Peter Popoff’s ministry’s miracle spring water!
    Peter Popoff saved me from the IRS
    Peter Popoff – Back to his old tricks!

  12. robertsgt40 Avatar
    robertsgt40

    What’s the big deal? The govt extorts countless billions from taxpayers(thru the IRS, the collection agency for the Fed)every day. And this guy spent 110K. How does it feel Mr.IRS?