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NE: Jerry Anguiolo's son -payroll tax scheme #997478
10/01/20 01:41 PM
10/01/20 01:41 PM
Joined: Jun 2010
Posts: 996
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mike68 Offline OP
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mike68  Offline OP
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Joined: Jun 2010
Posts: 996
https://www.bostonglobe.com/2020/10...ll-tax-scheme-connected-towing-business/



Quote
A son of the late former Mafia underboss Gennaro “Jerry” Angiulo is facing federal charges alleging he defrauded the government of more than $3.3 million in a payroll tax scheme at his Revere towing business, authorities said.

In a statement Thursday, US Attorney Andrew E. Lelling’s office said the defendant, Gennaro Jay Angiulo, 49, of Nahant and Saugus, was charged by a legal document called an information in federal court in Boston with one count of willful failure to collect and pay over taxes and one count of evading cash transaction reporting requirem
ents.

Quote
Between the tax years of 2014 through at least 2017, Lelling’s office said, Jay Angiulo allegedly paid a portion of the wages to employees of his company, GJ Towing, in cash under the table, prosecutors said.

“In doing so, Angiulo did not collect, account for or pay over to the IRS required withholding and FICA taxes,” the statement said. “The cash payments to employees were funded, at least in part, by cashing checks from clients of GJ Towing and other third parties in groups totaling not more than $10,000 in a single day.”

Re: NE: Jerry Anguiolo's son -payroll tax scheme [Re: mike68] #997484
10/01/20 05:10 PM
10/01/20 05:10 PM
Joined: May 2012
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pmac Offline
pmac  Offline
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Joined: May 2012
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Every tow company worth a salt in Massachusetts and rhode island all do this. It's like they been doing it forever like it runs in the family...... lol

Re: NE: Jerry Anguiolo's son -payroll tax scheme [Re: mike68] #997532
10/02/20 08:58 PM
10/02/20 08:58 PM
Joined: Oct 2012
Posts: 1,350
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azguy Offline
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azguy  Offline
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Joined: Oct 2012
Posts: 1,350
That kid must be dumb as a rock. To think they wouldn't want to hang his scalp on a pole is just stupid.

How he was every allowed to own a towing company that makes a ton of money with city and municipal towing contracts is amazing in itself. His father was so cheap I'm sure that lid has stacks of small face $100 bills lined up for miles in his basement


"In onore della Famiglia la Famiglia e' aperta"

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