Last year, real-estate developer and art collector Ron Pizzuti opened the doors to the Pizzuti Collection in the Short North, a venue at which to showcase his vast art collection. After purchasing his first piece of art in 1972, he has since amassed more than 1,500 works by artists ranging from Frank Stella to Ai [...]
Guilty Plea By Ohio Pancake House In $3M Scheme
The operator of six IHOP restaurants in Ohio and one in Indiana has pleaded guilty to what the government called a scheme with the help of some employees to hide profits from IHOP’s parent company.
Investigators said the plan involved hiring illegal immigrants, manipulating sales figures and underreporting wages in order to avoid paying taxes along with royalties to the corporation.
Tarek Elkafrawi, who owned or operated six IHOP restaurants in northwestern Ohio and one in Evansville, Ind., pleaded guilty in federal court in Toledo Thursday.
Elkafrawi was accused of money laundering, mail fraud and identity theft, as well as hiring illegal immigrants who used fake or stolen identities.
Elkafrawi’s attorney, Rick Kerger, said he and his client achieved a resolution that served everyone’s interests.