A Quincy man, Su Nguyen, has been sentenced in Boston's federal district court for filing false corporate tax returns. The sentence was delivered by U.S. Senior District Court Judge William G. Young and includes 18 months in prison followed by a year of supervised release. Additionally, Nguyen is required to pay $2,090,192.77 in restitution.
Nguyen pleaded guilty in May 2024 to three counts of aiding and assisting in the filing of false tax returns after being indicted by a federal grand jury in October 2023.
The charges stem from Nguyen's operation of General Employment Services (GES), a temporary employment agency based in Massachusetts, between 2016 and 2020. During this period, clients paid GES for services through checks. While some client payments were deposited into a business account and reported to the IRS, Nguyen cashed most checks at a check casher located in Worcester. He used these funds personally and to pay employees off-the-books wages.
This practice led to over $10 million not being reported as revenue or employee wages to the IRS, resulting in an evasion of more than $2 million in taxes.
The case was announced by United States Attorney Joshua S. Levy; Jonathan Wlodyka, Acting Special Agent in Charge of the Internal Revenue Service’s Criminal Investigation unit in Boston; and Jodi Cohen, Special Agent in Charge of the FBI's Boston Division. Assistant U.S. Attorneys Christopher J. Markham and Kriss Basil from the Securities, Financial & Cyber Fraud Unit prosecuted the case.