Man Faces Three Years in Prison for Tax Evasion Scheme

[vc_row][vc_column][vc_column_text]He made donations to Chabad of Poway that were then funneled back to him in cash.

A California man pleaded guilty to filing a false tax return as part of a years-long tax-evasion scheme involving a Jewish religious organization.

For eight years, Stuart Weinstock, of Escondido, California, made supposed “donations” to Chabad of Poway. Rabbi Yisroel Goldstein then funneled approximately 75 percent of those “donations” back to Weinstock, allowing Weinstock to evade more than $100,000 in taxes.

Between 2010 and 2018, Weinstock provided Rabbi Goldstein with at least approximately $872,815 in checks that fraudulently described the funds as “contributions,” “donations,” or “business expenses.” Rabbi Goldstein then secretly returned 75 percent of the money, or approximately $654,611, to Weinstock.

Weinstock faces up to three years in prison.[/vc_column_text][us_image image=”1338″][/vc_column][/vc_row]