Iceoplex owner faces tax charges
PITTSBURGH (AP) — The owner of a practice rink used by the Pittsburgh Penguins has been indicted on federal charges that he dodged paying more than $1 million in payroll taxes by moving the money through a shell company.
The indictement was handed down Tuesday against Steven Lynch of Pittsburgh.
Lynch owns the Iceoplex at Southpointe, a sports bar, and other businesses connected with the development about 15 miles south of Pittsburgh. Federal prosecutors contend Lynch ordered underlings not to pay the government federal income, Social Security, and Medicare taxes deducted from worker paychecks from 2008 to 2011.
The indictment alleges that Lynch allegedly ran the money through a shell company with no assets so the IRS could seize only a small fraction of the debt from the shell’s bank accounts.
Read more in tomorrow’s Observer-Reporter