Tag Archives: tax evasion
Massachusetts Commercial Fisherman Sentenced to Prison for Tax Evasion
A Massachusetts man was sentenced today to 18 months in prison for evading taxes on income he earned as a commercial fisherman. According to court documents, Joaquin Sosa, of New Bedford, worked as a commercial fisherman and deckhand operating primarily out of the Port of New Bedford. Despite receiving approximately $1.9 million in income between 2012 and 2021, Sosa did not file tax returns reporting the income and did not pay the substantial income taxes owed on the income he earned. Sosa also worked under false identities over the years. To further conceal the source and disposition of his income, Sosa cashed his paychecks from fishing companies at check-cashing businesses, at times using false identities, and used the cash to fund his personal lifestyle. In total, Sosa caused a tax loss to the IRS of $520,415. >>click to read<< 19:34
Profitable Port of New Bedford draws IRS scrutiny of tax evading fishermen
As the nation’s number one commercial fishing port, New Bedford is very much on the radar. “The statistics we have cover the six New England states but really the fishing industry is significant in Rhode Island, Maine and Massachusetts, with, of course, New Bedford being the most valuable port not only in New England but in the United States,” said IRS Criminal Investigation Supervisory Special Agent Matthew Amsden. Seven New England fishermen, including three from New Bedford and one from Fall River, were charged last month with tax evasion and failing to file returns. The other three indicted were from Rhode Island, according to a press release from the IRS Criminal Investigation unit. >click to read< 07:40
Fishing boat captain from East Lyme pleads guilty in tax evasion case
Peter P. Torres, a commercial fishing boat captain from East Lyme, pleaded guilty Monday in U.S. District Court to failing to file tax returns on approximately $1.27 million he earned between 2006 and 2011. Torres, 47, waived his right to indictment and pleaded guilty in New Haven before Chief U.S. District Judge Janet C. Hall to one count of attempted tax evasion. According to the office of U.S. Attorney Deirdre M. Daly and court documents, from 2006 to 2011 Torres failed to file tax returns ,,, Read the article here 09:32
Feds offer more details on illegal lobster sales – possible investigation into tax evasion by lobstermen
The former manager of one of the state’s largest lobster cooperatives had a clandestine arrangement with certain members of that organization to buy lobsters from them in cash and evade income taxes, according to papers filed by the federal government in court. Read the rest here 00:01