Man Pleads Guilty in Texas to $133M Tax Fraud
A businessman who handled payroll and insurance programs for some South Texas groups has pleaded guilty in a $133 million tax fraud case.
Federal prosecutors in San Antonio say 61-year-old Charles Pircher pleaded guilty Thursday to tax fraud conspiracy and mail fraud conspiracy. No sentencing date was immediately set for Pircher, who faces up to 25 years in prison.
Pircher is the fifth person to plead guilty over stealing money meant for payroll taxes and other government services. A sixth person awaits trial.
Pircher from 2002 to 2008 managed some Professional Employer Organizations based in San Antonio.
U.S. Attorney Robert Pitman says Pircher cheated clients and taxpayers for years in a scheme to divert funds for personal use.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
- 2024 Wildfire Forecast Calls for ‘Below Average’ Season
- EPA Designates PFAS Chemicals as Superfund Hazardous Substances
Popular This Month
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Millions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape