Paul Walczak, owner of several interconnected Florida healthcare companies, was sentenced to 18 months in prison and a $4.3 million fine for tax evasion.
Walczak was found guilty of willfully failing to pay over $4.3 million in employment taxes and willfully failing to file individual income tax returns.
Walczak's actions involved over 600 employees and an annual payroll exceeding $24 million. He misused withheld taxes for personal enrichment, including purchasing a yacht and luxury goods.
The tax evasion occurred from 2016 through 2019.
The Justice Department announced the sentencing.
A Florida man was sentenced to 18 months in prison and ordered to pay $4.3 million for willfully failing to pay over employment taxes and willfully failing to file individual income tax returns, the Justice Department announced Friday.
According to the DOJ, Paul Walczak controlled a network of interconnected health-care companies and employed over 600 people, paying over $24 million annually in payroll. For more than a decade, Walczak failed to comply with his tax obligations, instead using the withheld taxes to enrich himself, purchasing a yacht and making personal purchases at luxury retailers.
From 2016 through 2019, Walczak ...
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