A 54-year-old man named Robinson Rin Yang recently plead guilty to one count of failure to pay employment taxes for his employment staffing firm in San Gabriel Valley. The court sentenced him to 24 months in federal prison and ordered him to pay $2,791,783 in restitution after determining that under his management, the employment staffing firm was not only guilty of not paying taxes but that Yang specifically was guilty of repeatedly using the company's finances to pay for his personal benefit and other expenses.
Major Frauds Crime
B&S Staffing was a service business based in Covina from March 2016 to March 2020. From 2017 to 2019, the business failed to pay employment taxes, failed to make employment tax deposits on time, and consistently failed to file quarterly employment tax returns with the IRS.
The court determined that Yang was aware of the situation and intentionally did not pay the taxes due and owed, including Social Security and Medicare taxes his company withheld from employee wages. Instead, he used his control over the company's bank account for his own personal benefit. Yang's company accumulated almost $3 million in unpaid employment taxes.
In addition, Yang purposefully tried to discourage IRS collection actions against him for personal income taxes by not paying himself a salary and instead having the corporate bank account issue payments to another business's bank account, which Yang controlled. Further, Yang used corporate funds from the employment staffing firm as a down payment for his home and monthly mortgage payments, though he kept the property title in someone else's name to hide the fact that he owned it.
Hiring an Experienced Defense Attorney
While no defense attorney condones fraud, it is important to remember that all defendants deserve a fair and just trial. Attorney Vitaly Sigal of Sigal Law Group is an experienced defense attorney who will work diligently to ensure the best possible outcome for your case. Call 818-325-0579 today for a free consultation.
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