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Tax Evasion

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$44M COVID Tax Scheme: Long Island Trio Among 7 NYers Nabbed In Largest US Case Ever $44M COVID Tax Scheme: Long Island Trio Among 7 NYers Nabbed In Largest US Case Ever
$44M COVID Tax Scheme: Long Island Trio Among 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 …

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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…

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by Zak Failla
Business
Ex-Suffolk County Auto Biz Owner Admits Dodging $1.3M In Taxes Ex-Suffolk County Auto Biz Owner Admits Dodging $1.3M In Taxes
Ex-Suffolk County Auto Biz Owner Admits Dodging $1.3M In Taxes The former owner of several auto businesses on Long Island admitted to dodging more than $1 million in state taxes. Timothy Kjaer, age 49, formerly of Shoreham, pleaded guilty to grand larceny in Suffolk County Court on Thursday, Sept. 12. According to prosecutors, Kjaer failed to submit dozens of sales tax returns and falsified others that significantly underreported the taxable sales of several of his Suffolk County businesses between June 2011 and November 2021. In all, he failed to report more than $16.1 million in order to steal over $1.3 million in sales tax that was collected on beh…

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by Michael Mashburn
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…

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by Joe Lombardi