New Jersey Man Found Guilty of Tax Evasion

FraudsWatch.com
Fraud and Scam News, Examples and Guidelins

<p>FOR IMMEDIATE RELEASE<br &sol;>&NewLine; Tuesday&comma; June 6&comma; 2023<br &sol;>&NewLine; New Jersey Man Found Guilty of Tax Evasion<&sol;p>&NewLine;<h2>Did Not Pay Taxes or File Returns Despite Earning Nearly &dollar;1&period;5 Million<&sol;h2>&NewLine;<p>A federal jury convicted a New Jersey man today of tax evasion and failing to file personal income tax returns&period;<&sol;p>&NewLine;<p>According to court documents and evidence presented at trial&comma; Jonathan D&period; Michael of Springfield&comma; New Jersey&comma; worked as a mechanic in the crane shop at the Port Newark Container Terminal&period; For the years 2014 through 2018&comma; Michael provided his employer with an Employee’s Withholding Certificate &lpar;Form W-4&rpar; that falsely claimed he was exempt from any federal income tax withholding&period; During the same five-year period&comma; Michael did not file personal income tax returns even though he earned approximately &dollar;1&period;5 million in wages&comma; resulting in a tax loss to the IRS of over &dollar;375&comma;000&period;<&sol;p>&NewLine;<p>Michael is scheduled to be sentenced on Oct&period; 23&comma; 2023&comma; and faces a statutory maximum penalty of five years in prison for tax evasion and one year in prison for each count of willful failure to file a tax return&period; He also faces a period of supervised release&comma; restitution and monetary penalties&period; A federal district court judge will determine any sentence after considering the U&period;S&period; Sentencing Guidelines and other statutory factors&period;<&sol;p>&NewLine;<p>Acting Deputy Assistant Attorney General Stuart M&period; Goldberg of the Justice Department’s Tax Division and U&period;S&period; Attorney Philip R&period; Sellinger for the District of New Jersey made the announcement&period;<&sol;p>&NewLine;<p>IRS-Criminal Investigation is investigating the case&period;<&sol;p>&NewLine;<p>Trial Attorney Michael C&period; Vasiliadis of the Justice Department’s Tax Division and Assistant U&period;S&period; Attorney Matthew Feldman Nikic of the District of New Jersey are prosecuting the case&period;<&sol;p>&NewLine;<p> Topic&lpar;s&rpar;&colon; TaxComponent&lpar;s&rpar;&colon; <a href&equals;"http&colon;&sol;&sol;www&period;justice&period;gov&sol;tax&sol;" rel&equals;"noreferrer noopener" target&equals;"&lowbar;blank">Tax Division<&sol;a><a href&equals;"http&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-nj" rel&equals;"noreferrer noopener" target&equals;"&lowbar;blank">USAO &&num;8211&semi; New Jersey<&sol;a>Press Release Number&colon; 634 <&sol;p>&NewLine;<p> Updated June 6&comma; 2023<a href&equals;https&colon;&sol;&sol;www&period;justice&period;gov&sol;opa&sol;pr&sol;new-jersey-man-found-guilty-tax-evasion>Original Article<&sol;a><&sol;p>&NewLine;

Share This Article
Follow:
FraudsWatch is а site reporting on fraud and scammers on internet, in financial services and personal. Providing a daily news service publishes articles contributed by experts; is widely reported in thе latest compliance requirements, and offers very broad coverage of thе latest online theft cases, pending investigations and threats of fraud.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Exit mobile version