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Chatham Resident Made $54 Million, Didn't File Tax Returns: Feds
John Goggin, a Morris County resident, who previously served as general counsel for Moody's, was sentenced to eight months in prison on Thursday, Oct. 24, after admitting to failing to file an income tax return for several years, authorities said.
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 supervis…
Former Moody's Lawyer From NJ Admits Failing To Pay Taxes
A Morris County man who served as a longtime general counsel to Moody's has pleaded guilty to willfully failing to file federal income tax returns for four years, federal authorities said.
John Goggins, 63, of Chatham, grossed $54 million "from wages, restricted stock awards, the exercise of annual nonqualified stock options, interest, dividends, and gains from stock sales" from 2018 through 2021, U.S. Attorney for New Jersey Philip R. Sellinger said.
"Goggins failed to file federal income tax returns for those years," Sellinger said.
Goggins had been a senior vice-president and general co…
