Nifty Fifty’s Owners Answer Tax Evasion Charges

The owners and managers of responded to tax evasion charges lodged against them on Wednesday, May 16.

They were accused of a tax evasion conspiracy that cheated the Internal Revenue Service by failing to properly account for more than $15 million in gross receipts.

Charged were: Robert Mattei, 73, of Del Ray Beach, Florida; Leo McGlynn, 52, of Swarthmore; Brian Welsh, 48, of Springfield; Joseph Donnelly, 49, of Springfield; and Elena Ruiz, 46, of Drexel Hill.

The owners issued the following statement following the announcement of their charges:

“We deeply regret our misconduct and accept full and complete responsibility for our actions. We have been fully cooperative with the IRS to resolve these issues and have repaid all back taxes and penalties. We will continue to run each of our five restaurants in full compliance with the law.”

“We wish to thank all of our employees, friends, and business partners for their continued support as we move forward. Because this matter is still in the court system, we can have no further comment on this matter at this time.”