03/06/2026 | Press release | Archived content
Date: March 6, 2026
Contact: [email protected]
Newark, NJ - A New York man was sentenced on February 26, 2026, to 18 months in prison for failing to report over $1.6 million in income on his federal income tax returns that he embezzled from his employer, Senior Counsel Philip Lamparello announced.
Jooyeong Lee of Westbury, New York previously pleaded guilty before U.S. District Judge Katharine S. Hayden in Newark federal court to an information charging him with filing a false federal income tax return. Judge Hayden imposed the sentence.
According to documents filed in this case and statements made in court:
From approximately 2015 through 2021, Lee embezzled over $1.6 million from various high-end car dealerships in New Jersey where he worked. When he filed his tax returns, Lee failed to report or pay tax on the funds as income. Over seven years, Lee caused a tax loss of $494,082.
Senior Counsel Lamparello credited special agents of the Internal Revenue Service - Criminal Investigation, under the direction of Special Agent in Charge Jenifer Piovesan in Newark, with the investigation that led to the sentencing in this case.
The government is represented by Assistant U.S. Attorney Casey S. Smith of the Criminal Division in Newark.
IRS-CI is the law enforcement arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money laundering, public corruption, healthcare fraud, identity theft and more. It is the only federal law enforcement agency with investigative jurisdiction over violations of the Internal Revenue Code. IRS-CI has 18 field offices located across the U.S. and maintains an international presence through attaché posts abroad.