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Snake oil; how to succeed in business; don’t bet on it; and other highlights of recent tax cases.Sicklerville, New Jersey: Chung “Alex” Lam has been sentenced to 40 months in prison for conspiring to defraud the IRS by concealing cash wages paid to employees.In 2018, Lam pleaded guilty to failing to pay over federal payroll taxes; he received an 18-month prison sentence, which he served during parts of 2019 and 2020. Prior to serving that sentence and upon his release from custody, Lam conspired with the owners of various temporary staffing companies to defraud the IRS.The companies provided temporary workers…
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