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New York City Council Member Pleads Guilty to Tax Fraud

[vc_row][vc_column][vc_column_text]A New York City council member and owner of a real estate management business, filed a personal tax return in 2016 that included false and fraudulent information concerning his income and business expenses.

Between 2013-2015 he failed to fully pay taxes on his income from the business and evaded approximately $82,076 in taxes due to the IRS.  The city councilman admitted that he defrauded the IRS in connection with his real estate business and pleaded guilty to a single count of filing a false tax return.

He agreed to pay restitution of at least $82,076 plus interest.   The councilman could face a maximum sentence of one year in prison, one year of supervised release, a fine of $100,000.[/vc_column_text][us_image image=”1006″][/vc_column][/vc_row]