A 37 year old resident of Lakewood has admitted failing to pay over $10 million in payroll taxes stemming from his ownership of several businesses, U.S. Attorney Philip R. Sellinger announced.
He pleaded guilty before U.S. District Judge Michael A. Shipp to an information charging him with willful failure to pay over payroll taxes for one of his businesses in 2018.
According to documents filed in this case and statements made in court:
He was chief executive officer of a business in Lakewood. The company provided administrative services to operators of nursing homes and other health care facilities, including at least approximately 20 entities co-owned and operated by him. As a person who controlled the companies’ financial affairs, he had the responsibility to collect, truthfully account for, and pay over to the IRS the companies’ payroll taxes. During tax years 2017 and 2018, he failed to pay over to the IRS over $10 million in payroll taxes owed by the companies. He knew that payroll taxes were due and owing to the IRS at this time, but continued to pay other business expenses and employee salaries, instead of the unpaid taxes, while tax liabilities continued to accrue.
The charge to which he pleaded guilty carries a maximum penalty of five years in prison and a maximum fine of $10,000.
Public Records indicate that he waived Prosecution by Indictment.
Sentencing is scheduled for Dec. 13, 2023.
U.S. Attorney Sellinger credited special agents of IRS – Criminal Investigation, under the direction of Special Agent in Charge Tammy Tomlins, with the investigation leading to the guilty plea.
The government is represented by Assistant U.S. Attorney Katherine Romano of the Health Care Fraud Unit in Newark.
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5 comments:
😂😂😂 no name!
Why should his name be made public?
It's not like he stole the money or even misused it. He was just trying to keep his business going. Kill someone or burn down buildings, one week in jail. Don't pay your taxes? Death penalty!
Nuts!
45 billion to Ukraine and take all our money away from us?
Of course there is no name, protecting a certain group!!
According to the some askanim terrorist on some blog sites its mitzvah to post names. The lack of naming names destroyed the bais hamikdash.
Just to clarify from where some nosybodys come from.
Failing to pay payroll taxes includes the amount deducted from employee payroll. So it is stealing. Since this is their money that an employer is responsible to submit to the IRS on behalf of the employee
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