Robert Lawrence Gazdick, Jr., the owner of an audio-visual equipment rental business in Virginia pleaded guilty to tax fraud for failing to pay payroll taxes for his employees from 2013 to 2018. Gazdick deducted the taxes from his employees’ paychecks but failed to pay the funds to the IRS. In total he pocketed 5.35 million dollars in payroll taxes.
As part of the plea agreement Gazdick will pay over $200,000 in restitutions for premiums he failed to pay for health insurance provided to his employees. In addition, he pleaded guilty to willful failure to collect, account for and pay over taxes. He faces up to ten years in prison.