Gurcharan Singh, 33, along with his business, Raj American Liquor Inc., located at 102-25 Atlantic Ave., are facing charges of criminal tax fraud, grand larceny, falsifying business records and sales, and compensating use taxes/fraud returns, according to the Queens District Attorney’s office.
Singh and his business are accused of underreporting more than $10 million in sales on tax returns filed between March 1, 2007, and May 31, 2010. According to prosecutors, the liquor store collected $11,327,548 in revenue, but only reported sales of $387,724.
Singh, who is listed as the chairman or chief executive officer of Raj American Liquor, allegedly failed to pay $501,730 in sales taxes that should have gone to the state.
“This is the type of crime that makes every New Yorker a victim because the government and the public are cheated out of money to fund programs, services and infrastructure,” District Attorney Richard Brown said.
If convicted, Singh faces up to 15 years in prison. His business is punishable by a fine of up to $10,000 or double the amount of the illegal gain.