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Morris County Contractor Who Cheated IRS Out Of $261,758 Gets 18 Months In Fed Pen Morris County Contractor Who Cheated IRS Out Of $261,758 Gets 18 Months In Fed Pen
Morris County Contractor Who Cheated IRS Out Of $261,758 Gets 18 Months In Fed Pen A Morris County contractor must serve 18 months in federal prison before he'll be eligible for release for cheating on his taxes, authorities said. Roger Magill, 51, of Wharton, cashed business checks from his businesses -- Reliable Construction (also known as Reliable Paving) and and Hackensack Pavers (also known as Hackensack Paving) -- using a bogus identity at several check-cashing businesses, Acting U.S. Attorney Rachel A. Honig said. He then deposited the cash into accounts without reporting it to the IRS, evading $261,758 in personal income taxes in the process, Honig said. Rather t…

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by Jerry DeMarco
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Jersey Shore Cleaning Service Owner Gets Year And Day In Fed Pen For Stiffing IRS Jersey Shore Cleaning Service Owner Gets Year And Day In Fed Pen For Stiffing IRS
Jersey Shore Cleaning Service Owner Gets Year And Day In Fed Pen For Stiffing IRS The owner-operator of a Tinton Falls commercial office cleaning business must spend a plea-bargained year and a day in federal prison for ducking nearly a half-million dollars in taxes, authorities said. John Storz, 54, of Eatontown had told a federal judge in Trenton last summer that he paid employees under the table from more than $1.2 million worth of client checks that he cashed at a check-cashing business. Storz also used the business account of Class A Cleaners to cover personal expenses, such as his mortgage, life insurance, car lease and home utility payments, as well as for persona…

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by Jerry DeMarco
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NJ Contractor Admits Using Check Casher To Duck $1.7M In Federal Taxes NJ Contractor Admits Using Check Casher To Duck $1.7M In Federal Taxes
NJ Contractor Admits Using Check Casher To Duck $1.7M In Federal Taxes A Union County contractor admitted cheating the federal government out of $1.7 million in personal and corporate income taxes. Olger Fallas, 49, of Union, told a U.S. District Court judge in Newark via videoconference this week that he used a check-cashing business to pocket payments form customers to his Essex County companies, Olger Fallas Painting and Olger Fallas Properties. He also admitted depositing hundreds of thousands of dollars in customer payments into bank accounts that weren’t associated with either business. Rather than go to trial, Fallas accepted a deal from the governmen…

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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
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Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme
Jersey Shore Ex-Bloomberg Construction Chief Gets 3½ Years In Fed Pen For Bid-Rigging Scheme A former construction executive with Bloomberg LP was sentenced to 3½ years in federal prison Tuesday in connection for masterminding a bid-rigging scheme that prosecutors said netted him an estimated $1.45 million in bribes. Anthony Guzzone of Middletown admitted last summer that he ducked taxes on the dirty money by not reporting it to the IRS. It was part of more than $6 million that federal authorities said he and other Bloomberg managers collected – in cash – from subcontractors over more than eight years Guzzone, 52, also got free construction work on his home and tickets to the Supe…

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by Jerry DeMarco
Police & Fire
Clifton Trader Sent To Federal Prison For $17 Million Market Manipulation Scheme Clifton Trader Sent To Federal Prison For $17 Million Market Manipulation Scheme
Clifton Trader Sent To Federal Prison For $17 Million Market Manipulation Scheme A securities trader from Clifton was sentenced Tuesday to 18 months in federal prison for orchestrating a market manipulation scheme that netted him and others more than $17 million, authorities said. Joseph Taub, 41, must serve the entire term because there’s no parole in the federal prison system. U.S. District Judge John Michael Vazquez also sentenced Taub via teleconference from Newark to one year of supervised release, while ordering him to forfeit $17.1 million and pay restitution of $394,424 to the IRS. The Department of Justice also has reached a settlement of a civil forfeiture ca…

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by Jerry DeMarco
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NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen
NYC Restaurant Owner Who Ducked Taxes, Bought Luxury Cars And More Gets 2 Years In Fed Pen A New York City restaurateur must spend the next two years in federal prison for evading $771,195 in taxes. Adel Kellel, 63, of New Hyde Park, “cooked his books to conceal income” from state and federal authorities that was generated by Raffles Bistro in the Lexington Hotel in East Midtown, Acting Southern District of New York U.S. Attorney Audrey Strauss said following his sentencing in downtown Manhattan. He used the diverted money to buy vehicles from Mercedes, Porsche and Maserati, to patronize luxury retailers such as Hugo Boss and Saks Fifth Avenue, to travel domestically and interna…

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by Jerry DeMarco
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Englewood Cliffs Man Gets 14 Years In Fed Pen For $7.8M Law Firm Swindle, Huge Cocaine Deal Englewood Cliffs Man Gets 14 Years In Fed Pen For $7.8M Law Firm Swindle, Huge Cocaine Deal
Englewood Cliffs Man Gets 14 Years In Fed Pen For $7.8M Law Firm Swindle, Huge Cocaine Deal An Englewood Cliffs man was sentenced to 14 years in federal prison Friday for a pair of high-priced schemes – one to steal $7.8 million from two high-powered law firms where his wife was a partner and another to traffic more than 44 pounds of cocaine. Both Melvin Feliz, 54, and Keila Ravelo, 55, previously admitted that they’d formed two limited liability companies that purported to provide litigation support for Willkie Farr & Gallagher LLP and Hunton & Williams -- but, in fact, didn't. Ravelo, who’d been a partner with both firms, approved invoices submitted by her husband. …

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by Jerry DeMarco
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Jersey Shore Construction Contractor Admits Ducking Nearly $1,000,000 In Taxes Jersey Shore Construction Contractor Admits Ducking Nearly $1,000,000 In Taxes
Jersey Shore Construction Contractor Admits Ducking Nearly $1,000,000 In Taxes A Jersey Shore businessman admitted in federal court that he ducked more than $952,778 in payroll and personal income taxes by putting his Manhattan construction company in an associate’s name, paying workers in cash and hiding the scheme from his accountant. Bilal Salaj, 55, of Morganville admitted in U.S. District Court downtown that he “continued to hold principal control and decision-making authority over the business and its financial affairs” of the business after changing ownership in July 2014, Southern District of New York Acting U.S. Attorney Audrey Strauss said. That included con…

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by Jerry DeMarco
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Entrepreneur From Wayne Admits Ducking $550,000 In Employment Taxes At Fair Lawn Businesses Entrepreneur From Wayne Admits Ducking $550,000 In Employment Taxes At Fair Lawn Businesses
Entrepreneur From Wayne Admits Ducking $550,000 In Employment Taxes At Fair Lawn Businesses A Wayne entrepreneur who authorities said owned and operated several businesses in and around Fair Lawn admitted in federal court that he ducked nearly $550,000 in employment taxes. Dennis Saccurato, 68, told a judge during a teleconferenced plea hearing in Trenton that he failed to withhold, report and pay over employment taxes to the IRS from 2014 through 2016, federal authorities said. Saccurato also admitted that he was required to file IRS Form 941 on a quarterly basis but failed to do so, IRS-Criminal Investigation Special Agent Robert Glantz said. All told, Saccurato failed to pay o…

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by Jerry DeMarco
Police & Fire
Morris County Couple Admit Ducking $261,758 In Federal Income Taxes Morris County Couple Admit Ducking $261,758 In Federal Income Taxes
Morris County Couple Admit Ducking $261,758 In Federal Income Taxes A Morris County couple who owned and operated construction businesses admitted in federal court in Newark that they stiffed the government out of $261,758 in income tax payments. Roger Magill, 50, of Wharton admitted using a bogus ID to cash checks from Reliable Construction (also known as Reliable Paving) and Hackensack Pavers between 2014 and 2016, U.S. Attorney Craig Carpenito said. Ruby Magill, also 50, meanwhile, admitted that she helped her husband out by “allowing him to deposit his hidden income into business bank accounts that she operated and controlled,” Carpenito said. U.S. Dis…

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by Jerry DeMarco
Police & Fire
Jersey Shore Restaurant Owner Admits Ducking $185,000 In Federal Taxes Jersey Shore Restaurant Owner Admits Ducking $185,000 In Federal Taxes
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…

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by Jerry DeMarco