The Family That Cheats Together Goes to the Big House Together
Owners of 3 New York area Dippin Donuts stores John and Helen Zourdos and their son Dimitrios were convicted of tax evasion and filing false tax returns.
From 2012 to 2017 the family hid more than 4.5 million dollars in cash sales from the IRS by depositing the money into personal bank accounts, making most purchases in cash and providing their accountants with false information.
The three lived a lavish lifestyle that included luxury cars, expensive watches, investment accounts and real estate. They also paid several of their employees in cash to avoid paying payroll taxes.
John Zourdos was sentenced to 30 months in prison, his wife Helen was sentenced to 20 months, and their son Dimitrios was sentenced to 10 months. They were also ordered to pay restitution to the IRS in the amount of $2,000,769.
About the Author
Gregory McCauley Jr., Esq.
Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court
Gregory McCauley Jr. is an experienced tax attorney who has personally represented more than 1,000 clients in matters ranging from civil tax controversy and IRS examinations to criminal tax defense, U.S. Tax Court litigation, and complex business disputes. His practice is built on a foundation his c...
