Fair 31°
Tag:

Income Tax

Police & Fire
IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds
IT Manager Who Used Low-Tech Hack to Embezzle $2M From Newington Business Going to Prison: Feds A Connecticut man will spend two years in federal prison after stealing nearly $2 million from his employer and dodging hundreds of thousands in taxes over a seven-year scheme, authorities said. Evan Bobzin, 39, of Chester, was sentenced to 24 months behind bars, followed by three years of supervised release, after admitting to embezzling $1.9 million from Hoffman’s Gun Center in Newington, where he worked as head of information technology, according to the US Attorney for Connecticut. Prosecutors said Bobzin used his insider access to methodically steal cash receipts from the store's safe …

SHARE

by Josh Lanier
News
Westport Investment Advisor Gets Jail Time: Did Not Report $1.4M To IRS, Feds Say Westport Investment Advisor Gets Jail Time: Did Not Report $1.4M To IRS, Feds Say
Westport Investment Advisor Gets Jail Time: Did Not Report $1.4M To IRS, Feds Say An investment advisor from Fairfield County will spend time in prison after failing to report more than $1.4 million in income to the IRS, federal officials said.  Westport resident Thomas Pacilio, age 64, was sentenced on Thursday, April 13 to six months in prison for omitting around $1,476,425 in profits in income tax returns between 2015 and 2018, according to the US Attorney's Office for the District of Connecticut.  Earlier Report - Westport Investment Advisor Failed To Report $1.4M In Profits To IRS, Feds Say According to federal officials, in 2011, Pacilio a…

SHARE

by Ben Crnic
News
CT Man Found Guilty Of Failing To Pay Taxes On $950K In Income CT Man Found Guilty Of Failing To Pay Taxes On $950K In Income
CT Man Found Guilty Of Failing To Pay Taxes On $950K In Income A Connecticut attorney was convicted of failing to pay taxes on about $950,000 in income. Deron Freeman, a resident of Glastonbury in Hartford County, was found guilty on Monday, April 18, of three counts of making and subscribing a false tax return and four counts of failure to pay income tax, according to Leonard Boyle, United States attorney for the District of Connecticut. Freeman, age 47, owned a law office in Hartford, where he primarily practiced in the areas of personal injury and criminal law, Boyle said.  The US Attorney's Office said Freeman fell "severely behind" in p…

SHARE

by Nicole Valinote
News
Fairfield County Man Admits To Underpayment Of $500K In Income Taxes Fairfield County Man Admits To Underpayment Of $500K In Income Taxes
Fairfield County Man Admits To Underpayment Of $500K In Income Taxes A Fairfield County business owner is facing federal prison time after admitting to underpaying more than $500,000 in income taxes. Bethel resident Timothy P. Draper, age 54, pleaded guilty to one count of tax evasion Monday, April 18 in Hartford federal court. Prosecutors said Draper failed to deposit numerous checks into his landscaping and rental business accounts, resulting in underreporting approximately $1.8 million on his tax returns between 2015 and 2017. Draper was also accused of paying personal expenses out of the business accounts and failing to categorize the payments as inco…

SHARE

by Michael Mashburn
News
Former Harvard Department Chair Found Guilty Of Hiding Ties To China Former Harvard Department Chair Found Guilty Of Hiding Ties To China
Former Harvard Department Chair Found Guilty Of Hiding Ties To China A former Harvard University department chair has been found guilty of charges in connection with lying to federal authorities about his ties to China and failing to report income he received from a university in China. Charles Lieber, age 62, was found guilty on Tuesday, Dec. 21, of: Two counts of making false statements to federal authorities,  Two counts of making and subscribing a false income tax return, Two counts of failing to file reports of foreign bank and financial accounts with the Internal Revenue Service. Lieber is the former chair of Harvard's Chemistry and Che…

SHARE

by Nicole Valinote