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Andrew Macurdy

News
FEDS: NJ Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes FEDS: NJ Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes
Feds: NJ Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes 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
Police & Fire
Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan
Feds Nab Fleeing NJ Man Accused Of Pocketing $5.6M Small Biz Pandemic Loan A Sussex County man who collected $5.6 million in federal COVID-19 pandemic loans that he wasn't entitled to was about to board a flight to Pakistan when federal agents arrested him, authorities said. Azhar Sarwar Rana, 30, of Newton, took the money -- designed to keep struggling small businesses afloat during the pandemic – and invested millions in the stock market, made a payment to a luxury car dealership and sent hundreds of thousands of dollars to accounts in Pakistan, U.S. Attorney Craig Carpenito said. Rana submitted an application for a stimulus loan under the federal Paycheck Prote…

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by Jerry DeMarco