News


Pleasanton man admits to failing to pay employment taxes while company CFO

Employed by Crossroads Home Health Care, Inc.

Pleasanton resident Muzaffar Hussain has pleaded guilty in federal court for failing to pay employment taxes while working as chief financial officer of Crossroads Home Health Care, Inc., according to prosecutors.

Hussain, 68, entered the guilty plea June 10, stating that he knew he was in charge of accounting for taxes that should be removed from employees' salaries for social security, income tax and other taxes but did not fulfill that requirement, according to a news release from the U.S. Attorney's Office, Northern District of California.

A grand jury indicted Hussain last July on 13 counts of making or subscribing a false tax return, 17 counts of willful failure to account and for pay over taxes and one count of structuring transactions to evade reporting requirements.

"Nevertheless, for each pay period between July 1, 2004, and Feb. 27, 2008, Hussain transferred funds in an amount equal to, or close to, the amount of employment taxes from the Bank of America account to other bank accounts," the news release stated. "Hussain thereafter used the monies, including the trust fund taxes, to fund other business and personal interests."

Hussain is currently released on bond, according to federal prosecutors. His next court appearance will be in January. The maximum sentence he could face is five years in prison and $250,000 in penalties.

Comments

13 people like this
Posted by Mike
a resident of Bonde Ranch
on Jun 20, 2016 at 12:57 pm

Send to jail!


2 people like this
Posted by Carol
a resident of Another Pleasanton neighborhood
on Jun 24, 2016 at 4:49 am

There are so many heinous crimes committed where people walkway unpunished in this country.
Murder rape incest gang cartels street violence drug related matters hate crime affecting children & women & youth in our society ,mean while you use tax dollars to deal with international crises & dealing with this pitiful case. ridiculous!!!
The only reason he is high profile is cause he is a Muslim Pakistani AmeRican !!!


1 person likes this
Posted by Jo
a resident of Stoneridge
on Jun 30, 2016 at 6:27 pm

I did the books for our small business in Pleasanton for 30 years. The most important job, legal wise, was to make weekly payroll, pay employees on time and MAKE SURE that all withholding monies were deposited to State, Federal, and 401k ON TIME. This is NOT a small issue and I feel the maximum penalty he could receive is way too lenient. Honest employers work very hard to keep these amounts current. This man straight out stole from the employees and government. And did it for a long time. I just don't understand what took so long for him to be caught. Throw the book at him. No sympathy.


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