John and Helen Zourdos, and their son Dimitrios, owners of three Dippin Donuts in New York, were charged with conspiracy to defraud the IRS, tax evasion, and aiding and assisting in the filing of false tax returns.
The family members are accused of concealing more than one million dollars in cash sales from the IRS from 2013 to 2017. Their scheme included depositing cash directly into their personal bank accounts, providing false information to their accountant and causing said accountant to file false individual and corporate tax returns.
The trio is also accused of committing employment tax fraud by paying employees a portion of their wages in cash.
They face a maximum penalty of 20 years in prison as well as restitution and supervised release.