payroll - Shore News Network

School payroll director pleads guilty to $471,000 fraud scheme

Indira PatelDecember 14, 20240

OKLAHOMA CITY — Kim Weinrich, 67, of Mustang, Oklahoma, pleaded guilty on Tuesday to wire fraud and filing a false tax return, admitting to embezzling over $471,000 from Mustang Public Schools over a six-year period. The plea was announced by U.S. Attorney Robert J. Troester and stems from charges filed earlier this month. According to court documents, Weinrich worked for the district from 2014 to April 2022, rising to the position of Director of Payroll Services in 2021. Beginning in July 2016, Weinrich manipulated the district’s payroll software to increase her own pay during each pay period, diverting the stolen

Former Westmoreland County employee charged in payroll theft investigation

Breaking Local News ReportNovember 22, 20240

GREENSBURG, Pa. — A former director of the Westmoreland County Purchasing Department has been charged with theft and misapplication of entrusted property following allegations of unauthorized payroll adjustments, county detectives announced. Kristopher Cardiff, of Trafford, is accused of directing an employee to manually alter payroll hours to inflate workdays for department staff, despite lacking authorization to do so. Investigators said Cardiff’s actions, which occurred between August 2023 and August 2024, resulted in nearly $10,000 in unapproved pay increases across the department, with Cardiff personally receiving close to $5,400. The discrepancies were discovered in August 2024 when the county’s fiscal department

Lakewood Businessman Receives Prison Sentence for $10 Million Payroll Tax Evasion

Law and Crime ReportApril 6, 20240

TRENTON, NJ – An Ocean County businessman, Josef Neuman, 37, of Lakewood, New Jersey, has been sentenced to 30 months in prison for not paying more than $10 million in payroll taxes. This announcement was made by U.S. Attorney Philip R. Sellinger. Neuman, who previously admitted guilt for willfully failing to remit payroll taxes in 2018 for one of his businesses, received his sentence from U.S. District Judge Michael A. Shipp in Trenton federal court. Neuman served as the CEO of a Lakewood-based company providing administrative services to health care facilities, including those he co-owned. Responsible for overseeing the financial

Payroll processor Paychex misses revenue estimates on weak client spending

ReutersApril 2, 20240

(Reuters) – Paychex missed Wall Street estimates for third-quarter revenue on Tuesday, hurt by sluggish client spending on its human capital management and payroll services, sending its shares down nearly 4% in early trading. The higher-for-longer interest rates and economic uncertainties have compelled clients to cut spending budgets, affecting demand for payroll services providers such as Paychex. “Small- and medium-sized businesses are dealing with a tight job market for qualified workers, reduced access to affordable growth capital and inflationary pressures,” said Paychex CEO John Gibson. Peer Paycom also provided a somber first-quarter revenue forecast due to weak client spending on

New York Man Convicted for Wire and Mail Fraud in Payroll and PPP Scheme

Breaking Local News ReportMarch 24, 20240

NORFOLK, VA – Derickson Lawrence, 67, from Mount Vernon, New York, has been convicted by a federal jury on charges of wire and mail fraud. Lawrence served as the Chief Executive Officer and was the sole proprietor of MarketView Resources, Inc., a payroll service provider with a significant client base in the mid-Atlantic restaurant franchise sector. Trial evidence indicated that between March 2017 and October 2019, Lawrence diverted approximately $230,000 from an account holding employees’ wages to his personal brokerage account, engaging in high-risk options trading with the funds. Additionally, Lawrence allocated the restaurant workers’ wages for personal use, including

Beverly Farms Businessman Sentenced for Payroll Fraud Scheme

Indira PatelMarch 19, 20240

BOSTON – Frank Loconte, a 62-year-old from Beverly Farms, has been sentenced to 20 months in prison following his involvement in a fraudulent payroll scheme that resulted in significant financial losses for union employees and the Internal Revenue Service (IRS). U.S. District Court Judge Denise J. Casper also imposed three years of supervised release on Loconte and ordered him to pay over $4.5 million in restitution alongside a $15,000 fine. Loconte pleaded guilty in September 2023 to charges of mail fraud and failing to pay taxes. As president of NER Construction Management Corporation and NER Management LLC, based in Wilmington,

Brazil’s Lula vetoes extension of payroll tax exemption

ReutersNovember 24, 20230

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has decided to veto a bill which was set to extend a payroll tax exemption to some 17 sectors until 2027, the country’s official gazette showed late on Thursday. The move comes as the government searches for ways to increase its revenue in order to improve public accounts, with the goal of erasing its fiscal deficit by next year. The bill, passed by lawmakers in October, could have harmed those efforts. Reuters had reported on Thursday, citing two sources familiar with the matter, that the leftist leader would veto the

Massachusetts Businessman Pleads Guilty to Million Dollar Payroll Tax Fraud Scheme

Indira PatelOctober 12, 20230

BOSTON – A Melrose man pleaded guilty today to a decade-long tax fraud scheme in which he failed to pay employment taxes he had withheld from employees of his two businesses. Stephen Schofield, 70, pleaded guilty to one count of failure to pay over taxes before U.S. District Judge Denise J. Casper, who scheduled sentencing for Jan. 23, 2024. Schofield operated and controlled two businesses – Schofield Concrete Forms in Stoneham and Schofields of Melrose, Inc. located in Melrose. For tax years 2010 through 2020, Schofield withheld federal and state employment taxes from his employees’ wages and issued W-2

Fed is cutting staff after more than a decade of payroll growth

ReutersSeptember 22, 20230

By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve system is cutting about 300 people from its payroll this year, a small but rare reduction in headcount across an organization that has grown steadily since 2010 as its reach in the economy and regulatory agenda have expanded. A Fed spokesperson said the cuts are focused on the staff of the U.S. central bank’s 12 regional reserve banks and mainly hit information technology jobs, including some no longer needed because of the spread of cloud-based computer software, and positions connected to the Fed’s various systems for processing payments, which are

Brazil’s lower house approves extension of payroll tax exemption until 2027

ReutersAugust 30, 20230

BRASILIA (Reuters) – Brazil’s lower house of Congress approved on Wednesday the main text for a project that extends a payroll tax exemption for 17 economic sectors for another four years. The base text was approved by 430 votes against 17. The bill can still be tweaked by an amendment. The exemption, which would expire Dec. 31, covers many of the most labor-intensive sectors, such as civil construction, textile and footwear producers, transportation and communications firms, reducing their labor costs in order to retain jobs. The payroll tax relief replaces the employer’s social security contribution of 20% of payroll with

Former Newark Restaurant Owner Pleads Guilty to Payroll Tax Fraud

Leo CanegaJuly 23, 20230

CAMDEN, N.J. – Jorge Fernandes, a 76-year-old man from West Orange, Essex County, pleaded guilty to failing to collect payroll taxes from his employees. The charges were related to his ownership of two previously popular Newark restaurants, Iberia Tavern and Iberia Peninsula, and were announced on Friday by U.S. Attorney Philip R. Sellinger. Fernandes was the 50% owner of these establishments, during which time he paid a number of employees “off the books,” thereby avoiding the collection of payroll taxes. His actions caused a total tax loss of $715,780 for the tax years 2016 through 2017. Each count of failing

Oroho Calls for Murphy Administration to Dedicate Pandemic Relief Funds to Prevent $1 Billion Payroll Tax Increase

Press ReleaseApril 28, 20230

Sen. Steven Oroho called for the Murphy administration to dedicate pandemic relief funds to the Unemployment Insurance Fund to prevent $1 billion of cumulative payroll tax increases on New Jersey employers.

Additional charge filed in Central Regional High School bullying case, disgraced super still on payroll

Phil StiltonFebruary 23, 20230

BERKELEY TOWNSHIP, NJ – The Ocean County Prosecutor’s Office levied another charge against a student involved in the bullying incident that led to the eventual death of 14-year-old Adriana Kuch in Berkeley Township. The juvenile was previously charged with harassment. Today, the student was served with an upgraded charge of conspiracy to commit aggravated assault involving the incident where Kuch was severely beaten in the hallway of Central Regional High School. Kuch eventually took her own life due to the bullying and harassment. In the aftermath of the tragedy at Central Regional High School, the Central Regional School District Board

Co-Owner Of Multiple Companies Sentenced To 12 Months And A Day In Prison For Failing To Pay Over $1 Million In Payroll Taxes

DOJ PressFebruary 22, 20230

You are here FOR IMMEDIATE RELEASE Wednesday, February 15, 2023 A co-owner of multiple businesses was sentenced today to 12 months and a day in prison and two years of supervised release for failing to pay over $1 million in payroll taxes for his companies. Omar Mostafa, 57, of New Jersey, pleaded guilty on Aug. 8, 2022, before U.S. District Judge Georgette Castner to an information charging him with willful failure to collect or pay taxes. Topic(s): Component(s): Press Release Number: Updated February 15, 2023

Three women arrested for skimming $71,000 in payroll from Atlantic Health

Charlie DwyerJanuary 6, 20230

MORRIS PLAINS, NJ – Three women have been arrested and charged in connection with the theft of payroll funds from Atlantic Health System in Morris Plains. According to Morris County Prosecutor Robert J. Carroll, Jessica Addison, age 39, Kaleigh Kalb, age 21, of Chester, New Jersey, as well as Isabella Valentine, age 21, of Mendham Township, were arrested after an investigation by the Morris County Prosecutor’s Office, The investigation revealed that Jessica Addison, now a former employee of Atlantic Health System, engaged in a scheme with both Kaleigh Kalb and Isabella Valentine to create false employee profiles. “This allowed for

Jefferson City Business Owner Sentenced for Tax Evasion, Failure to Pay More Than $500,000 in Payroll Taxes

DOJ PressDecember 22, 20220

JEFFERSON CITY, Mo. – A Jefferson City, Mo., business owner has been sentenced in federal court for tax evasion and for failing to pay over more than $500,000 in payroll taxes. Gina Marie Volmert, 58, of Jefferson City, was sentenced by U.S. District Judge Stephen R. Bough on Wednesday, Dec. 21, to one year and one day in federal prison without parole. The court also ordered Volmert to pay $513,911 in restitution to the Internal Revenue Service. On Dec. 21, 2021, Volmert pleaded guilty to one count of tax evasion and one count of failing to file a required federal

Operator of San Gabriel Valley Employment Staffing Company Pleads Guilty to Criminal Charge for Failing to Pay Over Payroll Taxes to IRS

DOJ PressDecember 15, 20220

LOS ANGELES – A Diamond Bar man pleaded guilty today to a federal criminal charge for deliberately failing to pay more than $200,000 for one three-month period’s payroll taxes that were owed by a San Gabriel Valley employment staffing company. Robinson Rin Yang, 54, a.k.a. “Robert Mora,” a.k.a. “David Lee,” pleaded guilty to one count of willful failure to pay over employment taxes. According to his plea agreement, from March 2016 to March 2020, Yang operated B&S Staffing, a Covina-based staffing service business. From mid-2017 until the end of 2019, B&S accrued large unpaid employment tax liabilities,

Miami Business Owner Pleads Guilty to Payroll Tax Crime

DOJ PressNovember 28, 20220

MIAMI – Today Miami resident Ari P. Weingrad, 51, pled guilty to willfully failing to pay over employment taxes to the Internal Revenue Service (IRS). The proceeding was held before U.S. Magistrate Judge Lauren Louis. According to court documents, Weingrad owned and operated two car rental companies, Rent Max Miami Inc. and Rent Max North Inc., both of which had locations throughout Florida. As the sole owner and chief executive officer of Rent Max Miami and as the co-owner and president of Rent Max North, Weingrad knew he was responsible for collecting, accounting for, and paying over payroll taxes withheld from

Wilkes-Barre Moving Company Owner Sentenced For Failing To Pay Required Federal Payroll Taxes

DOJ PressOctober 26, 20220

SCRANTON- The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Jason T. Cawley, age 44, owner of J. Cawley Moving, located in Wilkes-Barre, Pennsylvania, was sentenced on October 25, 2022, by United States District Court Judge Malachy E. Mannion to 2 years’ probation, including 6 months of home confinement with electronic monitoring, for failing to collect and pay over several years’ worth of required federal payroll taxes. According to United States Attorney Gerard M. Karam, for a five year period from 2015 to 2019, Cawley willfully failed to account for and pay over to the

Beverly Farms Man Indicted for Multi-Million-Dollar Payroll Scheme

DOJ PressOctober 13, 20220

BOSTON – A Beverly Farms man was charged today in a 13-count indictment in connection with a payroll scheme involving underreporting of overtime hours for his union employees and failing to collect and pay payroll taxes. Frank Loconte, 61, was indicted on four counts of mail fraud, one count of theft or embezzlement from an employee benefit plan, four counts of making false statements pertaining to the Employee Retirement Income Security Act (ERISA) and four counts of willful failure to collect and pay taxes. Loconte will appear in federal court in Boston today at 3:30 p.m. According to the indictment,

Beverly Farms Man Indicted for Multi-Million-Dollar Payroll Scheme

DOJ PressOctober 13, 20220

BOSTON – A Beverly Farms man was charged today in a 13-count indictment in connection with a payroll scheme involving underreporting of overtime hours for his union employees and failing to collect and pay payroll taxes. Frank Loconte, 61, was indicted on four counts of mail fraud, one count of theft or embezzlement from an employee benefit plan, four counts of making false statements pertaining to the Employee Retirement Income Security Act (ERISA) and four counts of willful failure to collect and pay taxes. Loconte will appear in federal court in Boston today at 3:30 p.m. According to the indictment,

Brooklyn Massage Parlor Pimp Indicted for Withholding Payroll

Adam DevineAugust 22, 20220

NEW YORK, NY – A Queens man who operated a sex trafficking and prostitution business out of his Bay Ridge massage parlor has been indicted. According to Brooklyn District Attorney Eric Gonzalez, Guiyang Xu, 66, of Flushing, Queens, has been arraigned on an indictment in which he is charged with sex trafficking, labor trafficking, promoting prostitution, sexual abuse and related charges for forcing a massage parlor employee to engage in prostitution. D.A. Gonzalez said the defendant was also indicted in June in connection to the labor and sex trafficking of another employee. District Attorney Gonzalez said, “This defendant allegedly coerced,

Phil Murphy Hit New Jersey Businesses with $300 Million in New Payroll Taxes

Charlie DwyerAugust 20, 20220

From the Desk of Senator Steven Oroho, NJ-R TRENTON, NJ – In a state notorious for its worst-in-the-nation business climate, the Murphy Administration timidly unveiled a $300 million tax increase for employers this week, a move Senate Republicans are calling unforgiveable. Senate Republican Leader Steven Oroho and Senate Republican Budget Officer Declan O’Scanlon criticized Murphy for failing to utilize some of the state’s federal COVID funds to avoid the 20 percent increase. The escalated rates took effect July 1, but the Department of Labor and Workforce Development failed to provide specifics to businesses until its website was updated this week,

Scott Township Man Pleads Guilty in $3,8 Million Fraud on the Payroll Protection Program

DOJ PressAugust 16, 20220

PITTSBURGH, PA – A suburban Pittsburgh resident pleaded guilty in federal court to charges of bank fraud and money laundering, United States Attorney Cindy K. Chung announced today. Randy Frasinelli, age 66, of Scott Township, Pennsylvania, pleaded guilty to two counts before United States District Judge W. Scott Hardy. In connection with the guilty plea, the court was advised that Frasinelli filed at least six fraudulent applications for loans under the Paycheck Protection Program and received more than $3.8 million. Instead of using the money for payroll, rent, utilities, or the other purposes authorized under the PPP, Frasinelli used the

Belgrade construction company co-owner sentenced to prison for failing to pay $2.8 million in payroll taxes

DOJ PressAugust 11, 20220

MISSOULA — The co-owner of H & H Earthworks, Inc., was sentenced today to 30 months in prison after she admitted to failing to pay the IRS more than $2.8 million in employee and employer taxes, and instead, spent some of the money on personal expenses, including home renovations and recreational vehicles, U.S. Attorney Jesse Laslovich said. Melissa Lynne Horner, 43, of Bozeman, pleaded guilty in April to failure to truthfully account for and pay over withholding and F.I.C.A. taxes, a felony, and to failure to file employer’s quarterly return and pay tax, a misdemeanor. U.S. District Judge Dana L.