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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