Man Sentenced For Not Paying Taxes On Income From Selling Stolen Goods

PISCATAWAY, NJ— A Middlesex County man was sentenced to 41 months in prison, after he failed to pay taxes on income earned by selling shoplifted goods on eBay, according to the US Attorney.

Between 2007 and 2014, Dominick James Izzo, 50, would steal from Barnes and Noble stores, and then sell the goods on eBay using fake accounts to conceal his identity. He received payment through wire transfers, before shipping the packages out.

Between 2009 and 2011, Izzo failed to report nearly $400,000 in income to the IRS, and he owed over $67,000 in back taxes.

He was charged with one count of transportation of stolen goods, and one count of tax evasion. In addition to jail time, Izzo was sentenced to three years supervised release, and will have to pay $207,000 in restitution.

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