Paul Walczak

Owner of a network of Florida health care companies, including Palm Health Partners and Palm Health Partners Employment Services (PHPES), which employed over 600 people and paid over $24 million annually in payroll. For more than a decade, Walczak engaged in tax evasion, withholding Social Security, Medicare, and federal income taxes from employees' paychecks but keeping the money instead of remitting it to the IRS. From 2016 to 2019, he withheld $7,432,223.80 in employee taxes while spending over $1 million on a yacht and making personal purchases at Bergdorf Goodman, Cartier, and Saks using business funds. He also failed to pay $3,480,111 of his companies' share of Social Security and Medicare taxes. From 2018 onwards, he stopped filing personal income tax returns despite receiving a $360,000 annual salary. In 2019, he created a new company (NextEra) using a family member as nominal 99% owner to continue shielding personal expenditures. In total, Walczak caused a tax loss to the IRS of $10,912,334.80.