Skip to main content

Virginia man pleads guilty to failing to pay $1.3M in taxes

RICHMOND, Va. (AP) — A Virginia man has pleaded guilty to charges that he failed to pay $1.3 million in taxes to the IRS by withholding payroll taxes from three different companies owned by his family.

U.S. Attorney Jessica Aber said in a news release Thursday that David Corey Warren of Chesterfield was responsible for withholding the required Medicare, Social Security, and federal income taxes from his employees’ wages, and paying that amount over to the IRS.

Instead, Warren underreported the true value of the employment taxes and used the money on things like travel to the Caribbean, golf club memberships and private basketball lessons.

Warren faces up to five years in prison when he’s sentenced in October.

Completing the FAFSA: Everything you should know

Filling out the Free Application for Federal Student Aid, or FAFSA, which opens by Dec. 31, is one of the most important steps students and their families can take to pay for college. Some states now make completing the FAFSA a high school graduation requirement. The U.S. Department of Education awarded about $111.6 billion in federal grants, loans and work-study funds in fiscal year 2022, according to the most recent Federal Student Aid annual report. Those federal funds will assist roughly 9.8 million students in completing their education.
Read Next Story