Posts in In the News
Attorney General Madigan, Dept. of Revenue Announce Indictments of Two Accountants for Alleged Gas Tax Evasion

Attorney General Lisa Madigan and the Illinois Department of Revenue (DOR) announced today the indictments of Naveed Ahmed, CPA, and his brother, Asif Waheed for preparing fraudulent Illinois Sales and Use tax returns on behalf of six gas station owners who attempted to evade paying $5 million in state sales tax. Authorities arrested Ahmed, who owns Midwest Financial Services, and Waheed, who works for his brother’s accounting firm, Wednesday evening and they are being held on $400,000 cash bond.

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Illinois AG Sues Four Ice Companies

Illinois Attorney General Lisa Madigan has filed a lawsuit against four ice companies that allegedly agreed not to compete against each other. The suit claims that the four packaged ice manufacturers — Lang Ice Co., Home City Ice, Sisler’s Dairy and Products Inc. and Tinley Ice Company — made deals to divvy up markets, trade customers and share price information in central and northern Illinois.
 

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