37°
Goggins, who lives in Chatham, was a former senior vice-president and general counsel for the credit rating service, before retiring in 2023. From 2018 to 2021, Goggins earned $54 million in earned income, yet never failed a federal income tax return, US Attorney Philip Sellinger said.
Goggins was also sentenced to one year of supervised release and paid the IRS $3.11 million, Sellinger said. He was also fined $40,000.
In addition to the prison term, Judge Espinosa sentenced Goggins to one year of supervised release, ordered restitution to the IRS of $3.11 million, which has already been paid, and fined him $40,000.
“Mr. Goggins deeply regrets and has accepted full responsibility for his failure to file his tax returns," a spokesman for John Goggins said. "He is grateful to the Court for considering the comprehensive measures of accountability and restitution he has taken in connection with his misdemeanor offenses. He looks forward to putting this matter behind him and will be timely filing all tax returns going forward.”
Goggins retired from Moody's in September 2023.
Click here to follow Daily Voice Readington Township and receive free news updates.
