Saint Paul – The Minnesota Department of Revenue announced today that Joseph Cole, 45, of New Hope, is facing gross misdemeanor charges by the Hennepin County Attorney’s Office for failing to file tax returns for tax years 2005 and 2006.
According to the complaint, Cole was a partner in several businesses, including J & J Investment Properties of Minnesota, LLC and Progressive Home Services, LLC. A review of Cole’s bank records shows a large number of deposits from these two businesses during the years cited in the complaint. Several of the checks include the words “salary” or “wages” on the memo line, and are signed by Joseph Cole.
Cole’s income taxes were filed for tax years 2004 through 2006 in the fall of 2007, after he became aware of a pending criminal investigation. In addition, the complaint states Cole admitted to receiving income during these years and knew his income taxes had not been filed.
The name IPM and DMW properties ring a bell, they are on the run along with TJ Waconia. Cole, Joseph - Wallin, Colleen and Manning, Renee are in the process of going down. Just last week they agreed to all the charges ( civil court ) in Wright Co. this is going to force Wallin, Colleen into personal bankruptcy. Wallin, Colleen has distributed millions of dollars into her daughters name and we have traced the path. The house of cards is about to fall hard.