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Prominent NJ Attorney Stole $2M From Family's Offshore Bank Account, Feds Charge Prominent NJ Attorney Stole $2M From Family's Offshore Bank Account, Feds Charge
Prominent NJ Attorney Stole $2M From Family's Offshore Bank Account, Feds Charge A prominent attorney from Jersey City went to great lengths to swindle $2 million from a family he represented, federal authorities charged. The family had retained James R. Lisa, 67, to gather millions that had been moved into offshore bank accounts by relatives decades ago and to resolve any tax issues that arose as a result, they said. Soon after being retained, he moved more than $6 million back into the United States but told the family the funds still remained offshore, U.S. Attorney Philip R. Sellinger said. Lisa kept them waiting for two years before giving them $4 million while cl…

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by Jerry DeMarco
News
BENE(PHISH)IARY: Scam FBI Email Says You’re Owed $4.1M — And Are Suspected Of Tax Evasion BENE(PHISH)IARY: Scam FBI Email Says You’re Owed $4.1M — And Are Suspected Of Tax Evasion
Bene(Phish)Iary: Scam FBI Email Says You’re Owed $4.1M — And Are Suspected Of Tax Evasion This one’s rich (no pun intended): A familiar phishing scam that claims federal authorities have seized $4.1 million intended for you from a shady foreign diplomat is again making the rounds. A surety bond for the princely sum was found in two consignment boxes seized at JFK Airport in Queens, NY, along with documents bearing YOUR name, according to the hoax email. The author, who claims to be FBI Deputy Director Paul M. Abbate in Washington, D.C., then offers to “walk you through the process of clearing and claiming the money.” That’s the good news. “After questioning the diplomat t…

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by Jerry DeMarco
News
Owners Of Popular Philly Cheesesteak Joint Plead Guilty In Tax Fraud Scheme Owners Of Popular Philly Cheesesteak Joint Plead Guilty In Tax Fraud Scheme
Owners Of Popular Philly Cheesesteak Joint Plead Guilty In Tax Fraud Scheme The owners of a popular Philadelphia cheesesteak joint pleaded guilty Monday, May 9 to federal charges in a tax fraud scheme, authorities said. Anthony Lucidonio, Sr., 84, of Philadelphia, and Nicholas Lucidonio, 56, of New Jersey, the owners of Tony Luke’s on Oregon Avenue were accused of hiding more than $8 million from the IRS for around a decade, according to the US Attorney's Office. Federal prosecutors say the father-son duo did this by paying their employees in cash to avoid withholding payroll taxes between 2006 and 2016. The pair were indicted in 2020. The pros…

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by Nicole Acosta
Business
IRS May Charge Penalty If You're In One of These Categories, Report Says IRS May Charge Penalty If You're In One of These Categories, Report Says
IRS May Charge Penalty If You're In One of These Categories, Report Says Some Americans may find unexpected items in their mailbox as the IRS levies certain tax penalties against them if they find themselves in one of several categories, according to a new report. According to fool.com, individual taxpayers, business owners, and those who entrust their finances to others could face potential penalties for these infractions: Individual Taxpayers Failure to file: A penalty is levied for those who fail to file their taxes each year; Failure to pay: Those who owe the IRS money after filing and fail to pay may also be financially dinged; Inaccurate return: Those w…

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by Zak Failla
News
CRYPTO CRIME: Rapping 'Crocodile of Wall Street,' Husband Nabbed In $4.5 Billion Bitcoin Bust CRYPTO CRIME: Rapping 'Crocodile of Wall Street,' Husband Nabbed In $4.5 Billion Bitcoin Bust
Crypto Crime: Rapping 'Crocodile of Wall Street,' Husband Nabbed In $4.5 Billion Bitcoin Bust The self-described “Crocodile of Wall Street” and her husband were arrested by federal agents in Manhattan on Tuesday, Feb. 8, on charges of conspiring to launder billions of dollars in cryptocurrency stolen in a bombshell hack of a virtual currency exchange. Ilya “Dutch” Lichtenstein, 34, and Heather Rhiannon Morgan, a 31-year-old business blogger/rapper, weren’t charged in the 2016 theft from Bitfinex of what at the time was $71 million worth of cryptocurrency – now valued at $4.5 billion. They are charged with conspiring to (a) commit money laundering and (b) defraud the United States, …

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by Jerry DeMarco
News
FEDS: NJ Men Busted Following Three Fentanyl-Laced NYC Drug-Delivery Deaths FEDS: NJ Men Busted Following Three Fentanyl-Laced NYC Drug-Delivery Deaths
Feds: NJ Men Busted Following Three Fentanyl-Laced NYC Drug-Delivery Deaths Two North Jersey men worked for a drug-courier service that peddled fentanyl-laced cocaine responsible for killing three customers in a single day, federal authorities in Manhattan charged. Billy "Jason" Ortega, 35, of West Milford was the dispatcher who sent Kaylen Rainey, 30, of Manhattan to three different city addresses on March 17, 2021 after promoting "new batches" of drugs, an FBI complaint on file in the Southern District Court of Manhattan alleges. Three customers -- Amanda Scher, Julia Ghahramani and Ross Mtangi -- all died after ingesting the coke, authorities said. Scher texted…

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by Jerry DeMarco
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Former Rockland Owner Of Failed Nursing Homes In NJ, 11 Other States Charged In $39M Tax Dodge Former Rockland Owner Of Failed Nursing Homes In NJ, 11 Other States Charged In $39M Tax Dodge
Former Rockland Owner Of Failed Nursing Homes In NJ, 11 Other States Charged In $39M Tax Dodge An insurance broker from Rockland County who ran a failed nationwide network of nearly 100 nursing homes from an office over a Bergen County pizzeria ducked nearly $39 million in payroll taxes, a federal indictment unsealed on Monday alleges. Joseph Schwartz, 62, was arrested at his Suffern home last Thursday. A federal judge in Newark released him to home confinement hours later, with conditions, pending trial. Then came the unsealing announcement on Monday, also out of Newark. Schwartz’s Skyline Healthcare LLC amassed 95 nursing homes in 11 states nationwide in less than two years – incl…

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by Jerry DeMarco
News
Ring Member Convicted In $565,091 IRS Scam That Sent Refund Checks To Same NJ Town Ring Member Convicted In $565,091 IRS Scam That Sent Refund Checks To Same NJ Town
Ring Member Convicted In $565,091 IRS Scam That Sent Refund Checks To Same NJ Town A New Jersey woman was convicted of participating in a massive ID theft scheme that had $565,091 in tax refunds from the IRS sent to a small section of the same town. Awilda Henriquez, 35, took her chances with a trial after three of her accomplices took guilty pleas. She was found guilty in U.S. District Court in Camden on Thursday of 27 counts involving defrauding the federal government, mail theft, stealing government money and aggravated ID theft, Acting U.S. Attorney Rachael A. Honig said. Ring members filed more than 3,300 tax returns in 2013 using the names and Social Security numbe…

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by Jerry DeMarco
News
Cyber-Casanova From NJ Admits Duping Dozens Of Lonely Hearts Out Of $1.14M Cyber-Casanova From NJ Admits Duping Dozens Of Lonely Hearts Out Of $1.14M
Cyber-Casanova From NJ Admits Duping Dozens Of Lonely Hearts Out Of $1.14M A New Jersey man admitted that he orchestrated an online scam that conned dozens of unsuspecting women on dating sites out of more than a million dollars – and led one of them to suicide. Rubbin Sarpong, 37, of Millville pocketed the money and bought property in Ghana, along with luxury cars, expensive jewelry, top-shelf booze, designer clothes and more, federal authorities said. Then he flaunted it on Instagram. Sarpong had catfishing accomplices, several of whom live in Ghana, Acting U.S. Attorney for New Jersey Rachael Honig said. Posing as American military personnel stationed oversea…

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by Jerry DeMarco
News
High-Living Ex-Bergen Stockbroker Arrested By IRS For Ducking $4.3M In Taxes, Feds Say High-Living Ex-Bergen Stockbroker Arrested By IRS For Ducking $4.3M In Taxes, Feds Say
High-Living Ex-Bergen Stockbroker Arrested By IRS For Ducking $4.3M In Taxes, Feds Say A disgraced stockbroker from Bergen County was arrested Thursday by IRS agents who said he lived the high life while shortchanging Uncle Sam $4.3 million. Jason Kronick, 48, of Woodcliff Lake made headlines after he was fired from one job for alleged “unauthorized trading and unauthorized positions,” then resigned from after allegedly omitting $330,000 in judgments against him on his job application. Kronick, who eventually filed for bankruptcy, earned $20 million during tax years 2008 through 2010, Acting U.S. Attorney Rachael A. Honig said Thursday. Honig said Kronick: used roughly $1.…

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by Jerry DeMarco
News
NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme
NJ Man Convicted In $1.3M 'Mortgage Recovery' Scheme A South Jersey man was convicted in federal court for his role in a scheme to defraud the IRS of more than $3 million. Jurors in U.S. District Court in Camden agreed that John Barry Jr., of Pemberton and accomplices in New York and elsewhere doctored tax returns that helped clients eliminate outstanding mortgage debts by claiming that a substantial amount of taxes had already been withheld. In exchange, Barry collected 20 to 35 percent of the refunds and split the money with his co-conspirators, federal prosecutors said. (Barry also didn’t file his own 2016 return or report any of his ill-…

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by Jerry DeMarco
News
More Stimulus Money Could Be On The Way, Feds Say More Stimulus Money Could Be On The Way, Feds Say
More Stimulus Money Could Be On The Way, Feds Say Haven’t received any federal stimulus checks yet? Well, now a fourth payment from the U.S. Treasury Department may arrive soon, federal officials say. Debate persists in the U.S. Congress and among other public officials over how many dollars will be spent and who will get the money, according to multiple news media reports. A couple dozen congressmen are pushing for new federal stimulus checks with a guarantee that the money will make it to Americans' bank accounts. Some lawmakers also are requesting that the federal government figures out ways to get the money to anyone without a bank…

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by Jon Craig