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CPA Admits $1.7M Tax Fraud in Hidden Pay and COVID Loan Scheme
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CPA Admits $1.7M Tax Fraud in Hidden Pay and COVID Loan Scheme
A Massachusetts certified public accountant has agreed to plead guilty to concealing nearly $1.7 million in off-the-books employee pay and lying on pandemic relief loan applications, federal prosecutors said Monday. The CPA, Charles D. Katz, based in Sudbury, a suburb west of Boston, ran a tax and financial advisory business — CD Katz LLC — CPA Admits $1.7M Tax Fraud involving secret employee pay and false COVID loan certifications.
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