A Quincy businessman is in hot water after pleading guilty to tax evasion, having concealed more than $10 million dollars of his company's income, the Justice Department announced yesterday.

60-year-old Su Nguyen, the owner of General Employment Services (GES), admitted to the scheme that funneled unreported cash through a Worcester check casher. This deception allowed him to enjoy a portion of these earnings personally while also paying some employees off the books. Scheduled for a September 5th sentencing by U.S. Senior District Court Judge William G. Young, Nguyen was initially indicted by a federal grand jury in October 2023.

The tax dodge ran from 2016 to 2020, during which Nguyen deposited only a small fraction of clients' checks into a bank account reported to the IRS. The majority went straight to cash, out of the sight of Uncle Sam. As a result, Nguyen and his business failed to fork over more than $2 million in due taxes.

According to the acting United States Attorney Joshua S. Levy; Harry T. Chavis, Jr., the top dog at the Internal Revenue Service Criminal Investigation in Boston; and Jodi Cohen, the leader of the Boston Division of the Federal Bureau of Investigation, each count of aiding and assisting the filing of false tax returns carries a maximum sentence of up to three years behind bars, as much as a year of supervised release, and could cost Nguyen up to $250,000 in fines. Nguyen's fate, subject to the U.S. Sentencing Guidelines and relevant statutes, will be determined by a federal district court judge.

Assistant U.S. Attorney Christopher J. Markham of the Securities, Financial & Cyber Fraud Unit is on the warpath, spearheading the prosecution against Nguyen, as he evidently sought to boost his own bottom line at the expense of honest taxpayers.