Frucci Jewelers Pleads Guilty to Tax Evasion

JCK Staff -- JCK Online, 10/7/2009 1:00:44 PM

Frucci's Jewelers Ltd. pled guilty last Friday to sales tax evasion and paid $207,926 in back state and local sales tax, interest, and penalties. The company was sentenced in Nassau District Court.

According to the complaint, Frucci's failed to collect $102,729 in state and local sales taxes from customer transactions between March 1, 2004 and November 30, 2007.

This case is the first to arise from an undercover investigation called "Operation Goldrush" conducted by New York State Tax Department's Special Investigations Unit in Nassau County, and the department's Petroleum, Alcohol and Tobacco Bureau.

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• Sweet! If only he would have done it on the internet! NO HARM NO FOUL. Lets put people in jail for not collecting but have fun on the internet. Where is the justice? Please give us a fair tax system, and then lock up the cheats.

  
  Brent Meade - 2009-12-10 15:24:33 EDT
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