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Jersey Shore Restaurant Owner Admits Ducking $185,000 In Federal Taxes
The owner of a Jersey Shore Italian restaurant admitted stiffing the IRS out of $185,000 in personal and corporate taxes.
Raimondo Schiano, 55, admitted diverting unreported income from Biagio’s Trattoria in Lacey Township to his personal account for four straight years, beginning in 2014, during a video conference with a federal judge in Trenton on Wednesday, Special IRS Agent Robert Glantz said.
None of the diverted funds was reported as income on either the corporate tax returns for the Lanoka Harbor restaurant or on Schiano’s personal tax returns, Glantz said.
As a result, Schiano, of…
