Business owner Ricardo Betancourt owned and operated several delivery businesses in south Florida. His businesses earned over $100 million in gross revenue.
His businesses employed several hundred employees where he was responsible for collecting payroll taxes and paying them to the IRS. Despite his requirements to pay the taxes withheld and the companies portion of tax, Betancourt deliberately failed to pay the IRS the payroll taxes withheld. In 2013 and 2014 he paid only 3% of what was due and in 2015 and 2016 he failed to pay any payroll taxes.
He is looking at a minimum 5 years in prison and then supervised work release plus restitution and penalties. His sentencing is scheduled February 12, 2020.