RegulationPrimary source

Seattle restaurant owner sentenced to prison for failing to pay employment taxes for dozens of employees over ten years

Seattle – The owner of a restaurant in Seattle’s Capitol Hill neighborhood was sentenced Monday in U.S. District Court in Seattle to 13 months in prison and three years of supervised release for willfully failing to pay over more than $1.4 million in unemployment, Social Security, and Medicare taxes – some of which were withheld from employee paychecks, announced Acting U.S. Attorney Charles Neil Floyd.

What happened

Seattle – The owner of a restaurant in Seattle’s Capitol Hill neighborhood was sentenced Monday in U.S. District Court in Seattle to 13 months in prison and three years of supervised release for willfully failing to pay over more than $1.4 million in unemployment, Social Security, and Medicare taxes – some of which were withheld from employee paychecks, announced Acting U.S. Attorney Charles Neil Floyd.

Why it matters

The proceeding may create legal precedent, financial exposure or operating constraints for Regulation.

Affected entities

View evidence

1 reports · 1 original report · 1 independent

  1. U.S. Department of JusticePrimary source · Supports · EN · 100%
    Seattle restaurant owner sentenced to prison for failing to pay employment taxes for dozens of employees over ten years ↗

Claims

  • Seattle restaurant owner sentenced to prison for failing to pay employment taxes for dozens of employees over ten years Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

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Score explanation

Confidence · formula confidence-2.1.0
Source trust97
Independent corroboration51
Primary evidence100
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude76
Market relevance88
Entity significance42
Market breadth45
Novelty68
Urgency72
capital magnitude20
Ranking · formula rank-1.0.0
Confidence factor0.9235
Freshness factor0.7436
Breaking bonus0
Seattle restaurant owner sentenced to prison for failing to pay employment taxes for dozens of employees over ten years | IntelCap