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IRS - Criminal Investigation in Newark

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Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA
Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA A businessman admitted laundering what a federal prosecutor called a "staggering" $653 million in drug money by bribing employees in banks and other financial institutions in New Jersey, New York and Pennsylvania. Da Ying Sze, 43, of Queens said during a plea hearing in U.S. District Court in Newark on Tuesday, Feb. 22, that he deposited the cash into accounts in the names of shell companies and conspirators. Sze said he laundered the money from 2016 to 2021 by buying bank checks, writing personal and business checks and making international and domestic wires to thousands of individuals an…

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by Jerry DeMarco
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Feds In NJ Charge Rockland Doc, Wife With $1.3M Genetic Testing Scheme Feds In NJ Charge Rockland Doc, Wife With $1.3M Genetic Testing Scheme
Feds In NJ Charge Rockland Doc, Wife With $1.3M Genetic Testing Scheme COVID-19 hardly fazed a Rockland doctor who, with his wife, continued to collect bribes and kickbacks in exchange for ordering millions of dollars in genetic tests from his offices in Pennsylvania, a federal grand jury in Newark charged. Yitzchok “Barry” Kurtzer, 61,and Robin Kurtzer, 60, both of Monsey, collected monthly cash kickbacks and bribes ranging in exchange for “collecting DNA samples from Medicare patients and sending them for genetic tests to clinical laboratories in New Jersey and Pennsylvania,” Acting U.S. Attorney for New Jersey Rachael Honig said. The payoffs ranged up $5,00…

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by Jerry DeMarco
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Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms
Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms A Wayne entrepreneur who owned and operated several businesses in and around Fair Lawn was sentenced to a year and a day in federal prison Wednesday for ducking nearly $550,000 in payroll taxes. Dennis Saccurato, 68, must serve out the entire term because there’s no parole in the federal prison system. U.S. District Court Judge Susan D. Wigenton in Trenton also sentenced him to three years of supervised release. All told, Saccurato failed to pay over approximately $549,715.29 in employment taxes for cleaning product businesses in Fair Lawn – among them, Sparta Chem Inc., Horizon Products L…

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by Jerry DeMarco