Man Who Ran Illegal Sports Betting Scheme Now Suing IRS
(Associated Press) - A Bloomington, Minnesota, man accused of running an illegal sports betting scheme in North Dakota is suing the Internal Revenue Service.
Gerald Greenfield says the IRS overestimated his tax liability by tens of thousands of dollars in 2007 and 2008. KFGO radio reports that Greenfield wants a federal judge to order seized financial records returned so he can file amended tax returns.
Greenfield was indicted by a federal grand jury for accepting an estimated $10 million in illegal sports wagers, many of which came from the Fargo area.
Greenfield is serving a combined 68-month sentence for a Minneapolis-area mortgage fraud scheme and escape from a federal prison in Duluth.
A company that purchased Greenfield's foreclosed home is also suing the IRS to remove a lien on the property.