Father and Son Contractors Admit Tax Evasion, Payroll Tax Fraud, and Fraudulently Obtaining a Loan Meant to Help Small Businesses During COVID-19 Pandemic and Related Offenses

An Elmer, New Jersey, businessman yesterday admitted to income tax evasion, failing to pay payroll taxes to the IRS, and fraudulently obtaining a Paycheck Protection Program (PPP) loan.

Source: U.S. Department of Justice