New Jersey Emergency Medical Services Company Owner Admits Tax Evasion

NEWARK, N.J. - The owner of several New Jersey companies, including an emergency medical services company, pleaded guilty to willfully evading taxes, U.S. Attorney Robert Frazer announced today.

Louis V. Greco III, 38, of Highland Mills, NY, pleaded guilty before U.S. District Court Judge Georgette Castner in Trenton federal court today, to an information charging him with tax evasion for tax years 2018 to 2022.

According to documents filed in this case and statements made in court:

Greco owned NJ Mobile Health Care LLC ("NJMHC"), an emergency medical services company that provided ambulance services out of Mahwah, New Jersey. Beginning in or around 2018, Greco caused NJMHC to fail to pay over payroll taxes that were collected from NJMHC's employees. After the IRS began efforts to collect the outstanding payroll taxes, Greco opened SSME Services LLC ("SSME") and moved NJMHC's employees to SSME. Greco then caused SSME to fail to pay to the IRS payroll taxes that were collected from SSME's employees. After the IRS began efforts to collect the outstanding payroll taxes owed by SSME, Greco opened Lime Line Operations LLC ("LLO"), and moved employees that were previously under NJMHC and SSME's payrolls to LLO's payroll. From 2018 to 2022, Greco caused these three companies to fail to pay to the IRS more than $1.4 million in payroll taxes, as well as over $400,000 in Trust Fund Recovery Penalties the IRS assessed against Greco for causing the three companies to fail to pay their employment taxes.

The tax evasion charge carries a maximum potential penalty of five years in prison and a $250,000 fine. Sentencing is scheduled for August 5, 2026.

U.S. Attorney Frazer credited special agents of IRS-Criminal Investigation, under the direction of Special Agent in Charge Jenifer L. Piovesan in Newark, with the investigation leading to the guilty plea.

The government is represented by Assistant U.S. Attorney Peter A. Laserna, Deputy Chief of the Bank Integrity, Money Laundering and Recovery Unit.

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Defense counsel: Kevin G. Walsh, Esq., Florham Park, New Jersey

Jude Roberto Cardenas, Esq., Carle Place, New York