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Buffalo woman indicted for bank fraud on car loans

Tamara Ward, 39, of Buffalo, was named in a four-count indictment handed up by a Federal grand jury Thursday on charges of bank fraud and making a false statement on loan applications for falsely claiming she had a $50,000 job with the Internal Revenue Services in getting two car loans.

Assistant U.S. Attorney Russell T. Ippolito, Jr., said Ward, who has never worked for the IRS, faces a maximum prison term of 30 years and a fine of up to $1 million if convicted as charged. The indictment linked to car loans obtained in recent years was the result of an investigation by the U.S. Treasury Department’s inspector general for tax administration.