Oahu businesses plead guilty to more than 50 tax violations
HONOLULU (HawaiiNewsNow) - Nine Oahu businesses pleaded guilty to dozens of counts of tax violations this week, according to the state’s Department of Taxation.
Carroll K. Ung Restaurants Group inc., multiple Fatboy’s locations around Oahu, Madison Street Investments and Blue Tulip Hospitality Group inc. admitted to nine separate criminal complaints involving 57 counts of tax violations.
Carroll K. Ung, a corporate officer for the four corporations and a member of the five limited liability companies, admitted to failing to file general excise tax returns or supply information. Ung also failed to collect and pay over withholding taxes, and admitted to making false and fraudulent statements.
Ung faces possible imprisonment as well as fines stretching into the hundreds of thousands of dollars.
Ung’s sentencing is set for Sept. 11.
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