Co-Owner Of Multiple Companies Sentenced To 12 Months And A Day In Prison For Failing To Pay Over $1 Million In Payroll Taxes

The following press release was published by the U.S. Department of Justice, Office of the United States Attorneys on Feb. 15. It is reproduced in full below.

A co-owner of multiple businesses was sentenced today to 12 months and a day in prison and two years of supervised release for failing to pay over $1 million in payroll taxes for his companies. Omar Mostafa, 57, of New Jersey, pleaded guilty on Aug. 8, 2022, before U.S. District Judge Georgette Castner to an information charging him with willful failure to collect or pay taxes.

Source: U.S. Department of Justice, Office of the United States Attorneys