A Sewell man admitted in federal court to evading income taxes, failing to pay payroll taxes and fraudulently obtaining pandemic relief funds intended for struggling small businesses, according to U.S. Attorney Robert Frazer.
Zackary Sulpizi, 30, pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court to income tax evasion, failing to collect and pay over payroll taxes, and bank fraud, according to a statement from the U.S. Attorney’s Office District of New Jersey.
Between 2019 and 2022, Sulpizi paid employees approximately $446,573 in cash wages but willfully failed to file payroll tax returns or pay more than $34,162 in employment taxes, the office said. During the same period, he failed to report approximately $389,650 in business income on his personal tax returns, along with personal expenses paid by his business and other income. As a result, he owes approximately $74,920 in taxes
