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U.S. Justice Department’s Tax Division

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NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme
NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme A South Jersey man was convicted in federal court for his role in a scheme to defraud the IRS of more than $3 million. Jurors in U.S. District Court in Camden agreed that John Barry Jr., of Pemberton and accomplices in New York and elsewhere doctored tax returns that helped clients eliminate outstanding mortgage debts by claiming that a substantial amount of taxes had already been withheld. In exchange, Barry collected 20 to 35 percent of the refunds and split the money with his co-conspirators, federal prosecutors said. (Barry also didn’t file his own 2016 return or report any of his ill-…

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by Jerry DeMarco
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Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme
Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme A former construction executive with Bloomberg LP was sentenced to 3½ years in federal prison Tuesday in connection for masterminding a bid-rigging scheme that prosecutors said netted him an estimated $1.45 million in bribes. Anthony Guzzone of Middletown admitted last summer that he ducked taxes on the dirty money by not reporting it to the IRS. It was part of more than $6 million that federal authorities said he and other Bloomberg managers collected – in cash – from subcontractors over more than eight years Guzzone, 52, also got free construction work on his home and tickets to the Supe…

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by Jerry DeMarco