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N.J. U.S. Attorney: Founder of Plastics Company Charged in $61 Million Tax Evasion Scheme
June 19, 2020
NEWARK, New Jersey, June 19 -- The U.S. Attorney for the District of New Jersey, Craig Carpenito, issued the following news release on June 17:

A Florida man made his initial court appearance today in connection with charges that he evaded over $61 million in income taxes from 2016 through 2018, U.S. Attorney Craig Carpenito announced.

Alfred Teo, 74, of Boca Raton, Florida, is charged by complaint with one count of tax evasion. He made his initial appearance by videoco . . .

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