The owner of a prominent corner of Fayette Street, Guiseppe “Pino” DiMeo, has been indicted on two counts of conspiring to defraud the Internal Revenue Service and 12 counts of filing false tax returns. DiMeo owns the property that houses Jimmy John’s and El Limon. He is also the former owner of DiMeo’s Pizza Kitchen on Butler Pike in Conshohocken. Back in 2014, the IRS raided DiMeo’s Pizza Kitchen and his home in Eagleville. According to the press release below, the indictments do not involve his former pizza business in Conshohocken or his property in the Borough.

Here is the text of the press release posted to the Department of Justice’s website today:

Giuseppe “Pino” DiMeo, 49 years old, and a resident of Eagleville, Pennsylvania was charged today by indictment[1]with two counts of conspiring to defraud the Internal Revenue Service (“IRS”), and twelve counts of filing false tax returns announced Acting United States Attorney Louis D. Lappen. The indictment charges that from 2008 through 2012, DiMeo conspired with his business partners at restaurants in Wilmington, Delaware and Philadelphia, Pennsylvania to defraud the IRS of income taxes and payroll taxes. DiMeo skimmed cash from four of his restaurants and failed to report the cash income to the IRS. DiMeo also paid many of his employees in cash under the table and failed to inform his accountant or the IRS about his businesses’ cash payroll. In total, DiMeo had over three million dollars in unreported gross receipts and failed to pay to the IRS approximately one million dollars in income taxes and payroll taxes.

DiMeo has owned and operated numerous restaurants in the Philadelphia area, and presently owns DiMeo’s Pizzaiuoli Napulitani in Wilmington, Delaware; Pizzeria DiMeo’s (Andorra) in Philadelphia, Pennsylvania; and Arde Osteria in Wayne, Pennsylvania.

The defendant faces a maximum possible sentence of 46 years of imprisonment, three years of supervised release, a $3.5 million fine, and a $1,400 special assessment.

The case was investigated by the Internal Revenue Service, Criminal Investigations, and is being prosecuted by Assistant United States Attorneys Maria M. Carrillo and Tiwana L. Wright.