The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Trenton NJ, A Somerset County, man was convicted of conspiracy to commit healthcare fraud, five acts of healthcare fraud, and four counts of tax evasion, U.S. Attorney Philip R. Sellinger announced today.
According to the U.S. Sentencing Commission, fewer than 400 people are sent to jail each year for committing tax fraud. That’s an incredibly low number when you consider that 330 million people live in the U.S. right now.
Continue reading Tax Evasion Statute of Limitations: What to Know
the staff of the Ridgewood blog
Ridgewood NJ, tax season kicks off January 23, and IRS Criminal Investigation (IRS-CI) reminds U.S. taxpayers to take extra steps to protect their identities and wallets when filing their taxes.
Continue reading IRS Issues Tips to Protect Your Wallet, identity this Tax Season
the staff of the Ridgewood blog
Clifton NJ, a New Jersey-based securities trader was sentenced today to 18 months in prison for orchestrating a massive, long-running market manipulation scheme and tax fraud that netted more than $17 million in illegal profits between 2014 and 2016, U.S. Attorney Craig Carpenito announced.
Former ‘Jersey Shore’ star ‘The Situation’ pleads not guilty to tax fraud
SEPTEMBER 24, 2014, 12:56 PM LAST UPDATED: WEDNESDAY, SEPTEMBER 24, 2014, 11:35 PM
BY JEFF GREEN
STAFF WRITER
THE RECORD
Reality TV star Mike “The Situation” Sorrentino and his brother, Marc, pleaded not guilty Wednesday to federal income tax evasion charges involving $8.9 million they earned over three years.
An indictment announced Wednesday by U.S. Attorney Paul J. Fishman accused the Sorrentino brothers of filing false business and personal tax returns in 2010, 2011 and 2012. They failed to report some of their income, and they reported some personal expenses, like luxury cars, expensive clothing and personal grooming bills, as business expenses, prosecutors said. Mike Sorrentino filed no personal income tax return in 2011, according to the charges.
The brothers had not been “living in reality,” Jonathan D. Larsen, an IRS official in Newark, said in a statement. They “created the illusion that they earned less income by filing false and fraudulent tax returns,” he said.
The Sorrentinos turned themselves in to IRS agents Wednesday. After a brief court appearance in Newark, they were released on $250,000 unsecured bonds
– See more at: https://www.northjersey.com/news/former-jersey-shore-star-the-situation-pleads-not-guilty-to-tax-fraud-1.1095197#sthash.oA9xN0x2.dpuf
