Easy Come Easy Go
A 29-year-old Florida man submitted a false tax return to the IRS in 2016 and got a refund check for $980,000. Ramon Christopher Barnett claimed $18,497 in income, $47,357 in deductions, and one million dollars in income tax credit withholding. His return included a fictitious attachment that contained information on wages and taxes withheld from […]
Temp Agency Owner May Find Himself Temporarily in Jail
California business owner, Luis Perez, has been charged with tax evasion for failing to pay almost 30 million dollars in wages he withheld from employee paychecks. Perez, the owner of four staffing agencies, deducted the taxes from his employees’ paychecks but failed to pay the money to the IRS. These taxes, often called ‘trust fund […]
Credit Union CEO Credited with Shutting Down CBS Credit Union
Longtime CEO of the CBS Employee Credit Union, Edward Rostohar, was sentenced to 14 years in prison for embezzling 40 million dollars over a 20-year period. Rostohar left the credit union insolvent, and it was absorbed by University Credit Union, which took over all 2,800 accounts. Rostohar claimed that most of the money was either […]