According to a recent federal criminal Complaint, Defendant Chin Tran's 2007 Individual Income Tax Return was selected for audit by the IRS. The audit concerned, among other things, the amount of income that Tran, the owner a nail salon in Nanuet, New York, reported from a similar business that she owned in Grapevine, Texas. During the course of the IRS audit, the Complaint alleges that Tran gave a bottle of liquor and $18,000 in cash to an IRS agent in exchange for having the revenue agent close the pending audit of Tran’s income tax return and issue a letter to Tran indicating that no changes were proposed to Tran’s income tax return as a result of the audit.

Okay -- seems pretty cut and dry. So, what the hell has Bill Singer all up in a lather? For starters, Angelo Mozilo and Steven Rattner. What do those two high-powered Wall Street financiers have to do with a lowly manicurist?  Ah, that's gonna require you to click on this link:

http://www.brokeandbroker.com/index.php?a=blog&id=617

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