Learn more

A former nursing home owner who operated 95 facilities in 11 states, including New Jersey, on Wednesday admitted orchestrating a $38 million tax fraud scheme that lead to his company’s demise, U.S. Attorney Philip R. Sellinger announced. Joseph Schwartz, 64, of Suffern, New York, pleaded guilty to failing to pay employment taxes that had been withheld from employees of his company, and failing to file annual financial reports with the Department of Labor for a 401k plan he sponsored for his employees, the announcement said. Schwartz was initially charged two years ago with 22 counts of failing…

cuu