A Chesterfield man led a luxurious lifestyle using tax money
RICHMOND, Va. (AP) — A Virginia man pleaded guilty Thursday to failing to pay $1.3 million in taxes to the IRS by withholding payroll taxes from three different companies owned by his family, a source said. federal prosecutor.
US attorney Jessica Aber said in a press release that David Corey Warren, 47, of Chesterfield, was responsible for withholding income taxes required by Medicare, Social Security and the federal government from the wages of its employees and remit that amount to the IRS.
Court documents show Warren served as operations manager for three companies that provided group homes, in-home nursing and child care services for mentally challenged adults in Chesterfield and Richmond.
Warren also had an obligation to file an employer’s quarterly federal income tax return. He used a third-party payroll company for various payroll services, but prosecutors said he underestimated the true value of the employment taxes, the documents show.
Warren used the withheld taxes to pay for things like trips to the Caribbean, golf club memberships, private basketball lessons, and luxury clothing and accessories, prosecutors said.
Warren is expected to be sentenced on October 13, when he faces up to five years in prison.