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Former Elizabeth Restaurant Owner Admits Stiffing IRS Of Nearly $200,000
The former owner of an Elizabeth restaurant admitted ducking nearly $200,000 in federal income taxes from the business.
Omar Rodriguez, 49, who owned Mojito’s Lounge on Bayview Avenue, told a federal judge in Trenton on Wednesday that he “skimmed a substantial portion of [gross cash receipts] for his personal use, which he did not report as income, and to pay Mojito’s employees and suppliers in cash,” U.S. Attorney Craig Carpenito said.
Between 2015 and 2017, Rodriguez, of Parlin, received more than $844,000 in income from Mojito’s that he failed to report to the IRS, Carpenito said.
Of th…
Landmark Paterson Restaurant Owners Go To Federal Prison For Ducking $240,000 In Taxes
The former owners of a landmark Italian restaurant in Paterson were each sentenced to six months in federal prison Tuesday for cheating the U.S. government out of more than $240,000 in taxes by concealing income from their cash-only business.
Elio Federico, 71, of Totowa, and his brother, Ralph Federico, 68, of Saddle Brook, also must remain under supervised release for a year and pay $160,000 in fines each.
The brothers operated the more-than-50-year-old E&V Restaurant on a cash-only basis, paid a "substantial portion" of the employee payroll in cash, and paid "virtually…
