1250 Broadway, 27th Floor New York, NY 10001

CFO STOLE MILLIONS IN EMPLOYMENT TAX MONEY

FILED NO EMPLOYMENT TAX RETURNS OVER SIX-YEAR PERIOD

J.R of Houma, Louisiana, was sentenced to 2 years in prison for purloining employment tax monies that were due to the IRS.

As Chief Financial Officer of a pipeline maintenance and construction company, J.R. was responsible for “collecting, accounting for and paying over” the employment taxes taken from its personnel. But for about six years – 2012 to 2018 -- no quarterly employment tax returns were filed (nor monies paid).

J.R. is said to have stolen some $6 million. In addition to his prison term, he must pay $2,174.280.71 in restitution to the government.

That doesn’t seem particularly taxing to us.

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USDOJ PRESS RELEASE ~ 10.26.23

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