Westport Investment Advisor Failed To Report $1.4M In Profits To IRS, Feds Say
An investment advisor from Fairfield County is being accused of failing to report more than $1.4 million in profits to the IRS, federal authorities announced.
Thomas Pacilio, age 64, of Westport, waived his right to be indicted and pleaded guilty on Thursday, Jan. 5 to a federal tax offense, Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Joleen D. Simpson, Special Agent in Charge of IRS Criminal Investigation in New England, said.
According to court documents and statements made in court:
In 2011, Pacilio and his partner started Clapboard Hill …
South Jersey Pair Bilked Victim Out Of $600K, Laundered Money: Prosecutor
A pair of South Jersey residents has been indicted on money laundering and theft charges, authorities said.
Wei Song, 59, and Botao Liu, 52, both of Egg Harbor Township were indicted on Thursday, Nov. 17 for charges stemming from a multi-year social engineering scheme that resulted in financial losses of over $600,000 from one victim, millions of dollars in bad checks, and identity theft damages, according to the Atlantic County Prosecutor's Office.
Song was indicted for money laundering – a first-degree offense; theft by deception – a second-degree offense; identity the…
NY Businesswoman Convicted Of Obstructing IRS, Filing False Tax Returns
A New York businesswoman is facing federal prison time after being convicted of obstructing the IRS and filing false tax returns.
Long Island resident Lorraine Pilitz, age 64, of Merrick, was found guilty on all five counts against her by a federal jury in Central Islip Wednesday, Nov. 9, following a two-week trial.
Federal prosecutors said between 2011 and 2013, Pilitz, who owned several automotive businesses on Long Island, regularly structured cash deposits in a way that allowed her to avoid filing financial reports that are required for all transactions over $10,000.
The scheme resulte…
2 PA Nursing Facilities Falsified Records In 2 Conspiracy Schemes: Usdoj Indictment
Five individuals and two for-profit nursing facilities in Pennsylvania have been indicted by a federal grand jury in Pittsburgh in connection to two conspiracy schemes, authorities say.
Brighton Rehab and Mount Lebanon Rehabilitation and Wellness Center, along with the following people were indicted on 15 counts, US Attorney Cindy Chung and Pennsylvania Attorney General Josh Shapiro announced on Tuesday, August 9:
Sam Halper, 39, of Miami Beach, Florida.
Eva Hamilton, 35, of Beaver.
Susan Gilbert, 61, of Lawrence.
Michelle Romeo, 46, of Hillsville.
Johnna Haller, 41, of Monaca.
The I…
Bridgeport Tax Return Preparer Sentenced For Filing Fraudulent Returns For Her Clients
A tax return preparer from Fairfield County was sentenced for filing fraudulent tax returns for many of her clients.
Torise Baker, age 39, of Bridgeport, was sentenced on Tuesday, Aug. 2, to three months in prison followed by a year of supervised release, according to Vanessa Roberts Avery, United States attorney for the District of Connecticut.
She pleaded guilty to one count of aiding and assisting in the preparation and presentation of false and fraudulent income tax returns on March 21, Avery said.
According to the announcement, Baker was also ordered to pay $112,956 in resti…
Swampscott Man Who Ripped Off Congolese Immigrants In Boston Headed To Jail: Prosecutor
A Swampscott man will spend more than two years in jail after he pleaded guilty to ripping off after a court found that he had ripped off Congolese immigrants in Boston, authorities said. He must also repay what he reportedly stole.
Boris Shadari, 46, pleaded guilty to a slew of fraud charges earlier this year, the Department of Justice said. A judge sentenced him on Tuesday, Aug. 2, to 30 months in prison. He must also repay $496,082, prosecutors said. His co-conspirator Christian Zynga, a former bank manager, pleaded guilty to the scheme as well.
The U.S. Attorney a…
