12/11/2024 | Press release | Distributed by Public on 12/11/2024 19:56
SAN JOSE - A California man pleaded guilty today to not paying employment taxes to the IRS.
According to court documents and statements made in court, John Comeau, of Santa Clara, was the CEO of Vivid, Inc., a company that provided metal coating services across various industries in Campbell and elsewhere. From at least the first quarter of 2010 through the end of 2019, Vivid withheld Social Security, Medicare, and income taxes from the wages paid to its employees. However, Comeau, who was responsible for ensuring those funds were reported and paid to the IRS, did not do so.
In total, Comeau caused a tax loss to the IRS of approximately $1,150,000.
Comeau is scheduled to be sentenced on Apr. 30, 2025, and faces a maximum penalty of five years in prison. He also faces a period of supervised release, restitution, and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
U.S. Attorney Ismail J. Ramsey, Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department's Tax Division, and IRS Criminal Investigation (IRS-CI) Oakland Field Office Special Agent in Charge Linda Nguyen made the announcement.
IRS-CI is investigating the case.
Assistant U.S. Attorney Ilham Hosseini and Trial Attorney Mahana Weidler of the Tax Division are prosecuting the case.