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Home Latest News General

Owner Of The James Group Pleads Guilty To Tax Evasion

by Jay Helton
October 4, 2017
1 min read
0
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Acting U.S. Attorney William E. Fitzpatrick announced Tuesday the owner of The James Group, a consulting services company, pleaded guilty to evading taxes in 2009.

Oscar N. James Sr., 60, of West Orange, New Jersey intentionally under-reported income for tax years 2008 and 2009. He filed fraudulent tax returns for both of those years. James accepted responsibility for underreporting income totaling $173,796 for the 2009 tax year, which resulted in a loss of $61,046, according to court documents.

James was charged with tax evasion, which carries a maximum 5-year prison sentence. In addition to the prison sentence, James faces a $250,000 find. His sentencing hearing is scheduled for January 11, 2018.

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Fitzpatrick credited the FBI, Criminal Investigation, IRS agents and the U.S. Department of Housing and Urban Development for the investigation that led to Oscar N. James’ guilty plea.

Tags: IRSnew jerseywest orange
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