John George Medas, Tax Evasion and Embezzlement, Ohio 2024

State: Ohio
Category: White Collar Crime
Source: <a href="https://www.justice.gov/usao-ndoh/pr/north-royalton-businessman-charged-failing-pay-over-taxes-collected-employees-and" style="color:#cc0000;" target="_blank" rel="nofollow noopener">DOJ Press Release ÃƒÂ¢Ã¢â‚¬Â Ã¢â‚¬â€

North Royalton Businessman Charged with Tax Crimes

A 67-year-old North Royalton man has been accused of failing to pay over taxes collected from employees and embezzling from an employee health plan. John George Medas, the owner of various manufacturing businesses, has been indicted on 25 counts of failing to pay over taxes and one count of embezzlement.

According to the indictment, Medas withheld payroll tax from employees but failed to pay these taxes to the IRS. He allegedly failed to pay over $760,725 from April 30, 2014, to January 31, 2019. Medas also withheld $3,807 in pre-tax health contributions and embezzled the funds between July 29, 2016, and September 16, 2016.

The investigation preceding the indictment was conducted by the Internal Revenue Service – Criminal Investigations and the U.S. Department of Labor. The case is being prosecuted by Assistant U.S. Attorney Brian McDonough.

An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

Medas owned and operated various manufacturing businesses, including Guarantee Product Specialties, Inc., Fulton Manufacturing Industries, LLC, and FMI Products, LLC. He served as the President of these companies.

If convicted, each defendant’s sentence will be determined by the Court after review of factors unique to this case, including the defendant’s prior criminal records, if any, the defendant’s role in the offense, and the characteristics of the violation. In all cases, the sentence will not exceed the statutory maximum, and in most cases, it will be less than the maximum.

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