Ali Kassem Kain, a businessman from Northville, has been accused of committing millions of dollars worth of tax fraud. The allegations claim that Kain filed false tax documents related to his business, which facilitated the shipping of vehicles abroad. Additionally, he is said to have neglected to pay employment taxes for his company’s employees.
Authorities have reported that Kain misrepresented the business’s gross receipts by several million dollars between 2017 and 2020 on corporate returns. Furthermore, he allegedly underreported his personal income on tax returns. Court documents indicate that Kain withheld Social Security, Medicare, and federal income taxes from his employees’ wages but failed to remit these funds to the IRS.
The IRS estimates that Kain’s actions resulted in a tax loss of nearly $5 million. Kain has been charged with 15 counts of failing to collect and pay over employment taxes, as well as eight counts of filing false tax returns. If found guilty, he could face a maximum sentence of 99 years in jail.
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