A Few Clouds 31°
Tag:

Tax Evasion

Business
Tax Fraud: Capital Region Car Dealership Owner Admits Stealing Over $160K Tax Fraud: Capital Region Car Dealership Owner Admits Stealing Over $160K
Tax Fraud: Capital Region Car Dealership Owner Admits Stealing Over $160K The owner of a Capital Region car dealership formally confessed to dodging hundreds of thousands of dollars in unpaid taxes. Guy Nicolas, of Colonie, and his business, G&A Auto Care Inc., were sentenced in Albany County Court on Thursday, Jan. 23, months after Nicolas pleaded guilty to grand larceny. An investigation led by the New York Attorney General’s Office found that Nicolas failed to file annual sales tax returns for his car dealership business for all but two years between June 2013 and June 2023, the AG’s office said. During that period, he failed to report more than $2 millio…

SHARE

by Michael Mashburn
News
$44M COVID Tax Scheme: 7 NYers Nabbed In Largest US Case Ever $44M COVID Tax Scheme: 7 NYers Nabbed In Largest US Case Ever
$44M COVID Tax Scheme: 7 NYers Nabbed In Largest US Case Ever Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal over $44 million, federal prosecutors announced. The indictment by the US Attorney's Office for the Eastern District of New York, unsealed Wednesday, Jan. 22, alleges that the defendants filed over 8,000 fraudulent tax returns, seeking more than $600 million in COVID-19 relief funds through the Employee Retention Credit (ERC) and related programs. Investigators determined the group successfully secured $44 million from the federal government. Defendants Long Island …

SHARE

by Joe Lombardi
News
MD Supreme Court Attorney Failed To Report Millions In Poker Winnings: Feds MD Supreme Court Attorney Failed To Report Millions In Poker Winnings: Feds
MD Supreme Court Attorney Failed To Report Millions In Poker Winnings: Feds A supreme court attorney attorney from Maryland who made his name arguing before the Supreme Court is now facing serious legal trouble of his own. Thomas Goldstein, 53, a prominent appellate lawyer and high-stakes poker player known to play in games involving millions, was indicted on Thursday, Jan. 16 on multiple charges for failing to report his winnings, authorities announced It is alleged that Goldstein failed to report millions of dollars in poker winnings and omitting over $14 million in debt to secure a multimillion-dollar home loan in DC. Specifically, a federal grand jur…

SHARE

by Zak Failla
News
$2M Scheme: Westchester Accounting Firm Partners Admit To Tax Fraud Conspiracy $2M Scheme: Westchester Accounting Firm Partners Admit To Tax Fraud Conspiracy
$2M Scheme: Westchester Accounting Firm Partners Admit To Tax Fraud Conspiracy Two New York accounting firm partners have pleaded guilty to a multi-million dollar tax evasion scheme.  Click here for a new, updated story - Update: Scarsdale-Based Accountant Nabbed In Tax Fraud Scheme Was Longtime Firefighter Westchester County resident George Sanossian, age 70, of Scarsdale, and New Jersey resident Jack Sardis, age 66, of Englewood Cliffs, both certified public accountants, admitted to conspiracy to defraud the IRS by scheming with clients to reduce tax liabilities through a shell company, leading to over $2 million in unreported cash transactions.  The tw…

SHARE

by Joe Lombardi