Towing Company Owner Charged With Not Reporting All Income


Towing Company Owner Charged With Not Reporting All Income

He allegedly owes more than $130,000 in income tax and faces up to 15 years in prison if convicted.

 The owner of a Florida towing company was charged with underreporting income and failing to pay federal tax on money he received through a Personal Injury Protection kickback scheme and other cash-based fraud.

Craig Goldstein, 60, of Boca Raton, Florida, was an owner of West Way Towing, a Lauderdale Lakes company that towed and stored disabled vehicles, including ones involved in accidents. Goldstein allegedly referred accident victims to certain attorneys and chiropractors who would then illegally charge insurance companies for unneeded services under Florida’s Personal Injury Protection Program.

Goldstein received a fee for each patient referral, which he collected in cash and failed to report to the IRS, according to the charges.

Goldstein also failed to report cash he received from vehicle storage lien fees and from auctions of vehicles the sales prices of which were manipulated to reflect falsely that Goldstein made no profit, according to prosecutors.

Goldstein allegedly owes the U.S. government more than $130,000 in income tax.

If convicted, Goldstein faces up to 15 years in prison and a fine of up to $750,000.

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