TGIS: Thank God It's Schadenfreude! (213)

This week's joy in the misfortune of others comes courtesy of the Associated Press (from Tuesday, March 31; link good at time of posting):

An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.

In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return claiming a loss on a real estate transaction when he in fact saw a large profit.

He pleaded guilty to one federal count of subscribing to a false tax return, a charge that carries a penalty of up to three years in prison.

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