Trucking company owner jailed for evading $2.3M in taxes
TRENTON, N.J. (AP) — A man who evaded more than $2.3 million in personal and corporate income taxes is now headed to prison.
Tito Viteri received a two-year sentence Tuesday. The 41-year-old Upper Freehold resident had pleaded guilty to tax evasion.
Federal prosecutors say Viteri owned and operated several commercial trucking companies that performed delivery services. They say that between 2002 and 2011, and in 2015, Viteri evaded paying personal and business-related taxes by various means, including the shielding of business assets and falsely categorizing employees as independent contractors.
In 2008, the IRS determined Viteri owed about $785,000 in unpaid taxes for one of his companies, and about $315,000 in unpaid personal income taxes. He began making payments in August 2011, then stopped a little more than two years later claiming he wasn’t making enough money to continue paying.