NYC construction owner guilty of tax evasion

January 25, 2010 06:21PM

Patrick Boland, a construction company owner based in New York City, pleaded guilty today to conspiracy to evade payroll taxes and to file false currency transit reports, according to a statement released today from the U.S. Attorney’s Office of the Southern District of New York. Boland, who had owned two construction companies, Alcon Associates and Alcon Builders Group, which worked on residential, retail and medical building projects including the Ripley’s Believe it or Not Manhattan location, was accused of paying his employees in cash from January 2000 to January 2008. In the process, Boland failed to remit upwards of $298,546 in Social Security, Medicare, and other taxes. He faces up to five years in prison and is scheduled to be sentenced April 30. TRD

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