By: Richard L. Smith
A Gloucester County resident has admitted to evading more than $3.4 million in federal taxes over several years, according to information released by the U.S. Department of Justice. Jose Camilo Perez, Jr., 54, of Sewell, New Jersey, pleaded guilty before Chief U.S. District Judge Renée Marie Bumb to one count of tax evasion.
Acting U.S. Attorney Vikas Khanna announced the guilty plea, highlighting the severity of the charges.
Court documents and statements reveal that Perez operated a business specializing in digitizing medical records for hospitals and healthcare organizations.
Between 2016 and 2023, the business generated over $8 million in revenue.
However, instead of depositing payments into business or personal bank accounts, Perez cashed checks at a check-cashing facility.
He then used the cash for personal expenses and payroll while failing to report any of the income to the IRS.
As a result of these actions, Perez avoided paying over $3.4 million in federal income taxes.
The charge of tax evasion carries a maximum penalty of five years in prison and a $250,000 fine. Perez is scheduled to be sentenced on May 20, 2025.