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(Memphis) One of the founders of Memphis based Mo’ Money taxes is now banned from preparing taxes ever again!

Court records show Derrick Robinson signed an agreement for a permanent injunction.

Robinson cannot prepare or file federal returns, or even own a tax prep business.

The U.S. Justice Department filed suit against Robinson and co-founder Markey Granberry this past spring.

The case against Granberry and another employee is still ongoing.

No trial date has been set.