Haunted House Owner Pleads Guilty to Tax Crime
Department of Justice, 25 June 2021
COLUMBUS, OHIO – David Fachman, 59, of New Albany, Ohio pleaded guilty in U.S. District Court to one count of willful failure to pay over tax to the Internal Revenue Service (IRS).
According to court documents, since at least 1998 Fachman owned and operated The Scarefactory, Inc., a haunted house and special effects supplier in Columbus, Ohio. As the owner, Fachman always maintained financial and administrative control over the business. From at least January 1, 2015 and continuing until in or about December 31, 2018, Fachman withheld and collected the trust fund portion of the employment taxes from his employees’ paychecks but failed to file timely and to remit the payment to the IRS. Scarefactory was required to make deposits of the federal employment taxes to the IRS for all employees on a periodic basis. Fachman had a corporate responsibility to collect, truthfully account for, and pay over business’ payroll taxes and failed to do so. Continue reading “Article: Haunted House Owner Pleads Guilty to Tax Crime”
Stunning Confessions of a Short Seller
(CNN) — A Utah man promised investors his business could turn dirt into gold and swindled millions of dollars from them over several years, according to federal officials. Now, he has been sentenced to prison for his role in an $8 million telemarketing fraud scheme.