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48°
Tuesday, dec 17
Tag:
Stephen Walloga
News
Real Pain In The Glass: NJ Window Firm Exec Gets 2 Years In Fed Pen For Stiffing IRS By $1.5M
UPDATE: A 73-year-old Morris County executive who admitted short-changing the government by $1.15 million on employment taxes was sentenced to a plea-bargained two years in federal prison. Stephen Walloga will have to serve just about all of the sentence because there's no parole in the federal prison system. U. S. District Court Judge Stanley R. Chesler also ordered him to serve three years of supervised release and pay the full $1,150,487 in restitution. As vice president of the Rockaway-based Pain In The Glass window tinting company, Walloga was responsible for collecting, accountin…
News
Morris County Company Exec Charged With Stiffing IRS $1.5M In Taxes Takes Plea
A Morris County window tinting company executive accused of short-changing the government by $1.15 million on employment taxes pleaded guilty to a lesser charge, federal authorities said. As vice president of Rockaway-based A Pain In The Glass Inc., Stephen Walloga was responsible for collecting, accounting for and paying over employee payroll taxes, said Michael Montanez the special agent in charge of IRS-Criminal Investigation’s Newark Field Office. Walloga didn’t pay those taxes for nearly a decade, Montanez said. He subsequently took a deal from the government rather than face trial, a…