Frank Illiano guilty of withholding taxes

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  • gtodave

    Member
    MDS Supporter
    Aug 14, 2007
    13,938
    Mt Airy
    For those that don't know, Illiano is the owner of many restaurants and properties in Mt Airy. Some people call him "Mr Mt Airy" because he owns so much. Well, for the SECOND TIME, he's guilty of collecting taxes from his employees and NOT paying them to the gov't. Pled guilty on Monday for crimes in 2016. First conviction was in 2012.

    Sunpapers artice: https://www.msn.com/en-us/money/oth...illion-in-withheld-paycheck-taxes/ar-AA1kG8a1

    FredNewsPost article: https://www.fredericknewspost.com/n...cle_fa2a13bb-2eea-54ac-81a9-d8fe60fb9150.html
     

    MaxVO2

    Ultimate Member
    MDS Supporter
    For those that don't know, Illiano is the owner of many restaurants and properties in Mt Airy. Some people call him "Mr Mt Airy" because he owns so much. Well, for the SECOND TIME, he's guilty of collecting taxes from his employees and NOT paying them to the gov't. Pled guilty on Monday for crimes in 2016. First conviction was in 2012.

    Sunpapers artice: https://www.msn.com/en-us/money/oth...illion-in-withheld-paycheck-taxes/ar-AA1kG8a1

    FredNewsPost article: https://www.fredericknewspost.com/n...cle_fa2a13bb-2eea-54ac-81a9-d8fe60fb9150.html

    ****He's going to prison. A lot of restaurant owners are having a tough time in some areas for sure. The margins are simply not there due to increases in the cost of everything, including disposables, wages, etc.. You can only increase prices so much in most areas, before people just go somewhere else.

    There are exceptions to that, but not many. Little Inn, Fiola's, or other Michelin Star sit down places can potentially make bank and their well to do customers think nothing of the prices for the most part. Other places just go under.
     

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