George Gilmore convicted of 3 of 6 charges
George Gilmore
Ocean County Republican Chairman George Gilmore, also the Chairman of the Ocean County Board of Elections, has been convicted by a federal jury in Trenton on three of the six felony charges against him, according to Politico reporter Matt Friedman via twitter.
Gilmore plans to appeal the verdict and “has no intention of resigning,” Friedman reports.
BREAKING: Ocean County GOP Chairman George Gilmore guilty on 3 of 6 counts: 2 counts of failing to file payroll taxes for employees and one count of making a false statement on a loan application. Not guilty on 2 counts of filing false tax returns. Hung jury on tax evasion
— Matt Friedman (@MattFriedmanNJ) April 17, 2019
George Gilmore, who plans to appeal, “has no intention to resign” as Ocean County GOP chairman, his lawyer says
— Matt Friedman (@MattFriedmanNJ) April 17, 2019
The Asbury Park Press reports that Gilmore’s sentencing is scheduled for July 23.
According to a statement by First Assistant U.S. Attorney Rachael A. Honig, the two counts of failing to collect, account for, and pay over payroll taxes each carry a maximum penalty of five years in prison, and a $250,000 fine, or twice the gross gain or loss from the offense. The count of loan application fraud carries a maximum penalty of 30 years in prison and a $1 million fine. Sentencing is scheduled for July 23, 2019.
Gilmore worked as an equity partner and shareholder at Gilmore & Monahan P.A., a law firm in Toms River, where he exercised primary control over the firm’s financial affairs. Because he exercised significant control over the law firm’s financial affairs, Gilmore was responsible for withholding payroll taxes from the gross salary and wages of the law firm’s employees to cover individual income, Social Security and Medicare tax obligations. For the tax quarters ending March 31, 2016, and June 30, 2016, the law firm withheld tax payments from its employees’ checks, but Gilmore failed to pay over in full the payroll taxes due to the IRS.
Gilmore also submitted a loan application to Ocean First Bank containing false statements. On Nov. 21, 2014, Gilmore reviewed, signed, and submitted to Ocean First Bank a Uniform Residential Loan Application (URLA) to obtain refinancing of a mortgage loan for $1.5 million with a “cash out” provision that provided Gilmore would obtain cash from the loan. On Jan. 22, 2015, Gilmore submitted another URLA updating the initial application. Gilmore failed to disclose his outstanding 2013 tax liabilities and personal loans that he had obtained from others on the URLAs. Gilmore received $572,000 from the cash out portion of the loan.
Toms River Council Vice President Maurice “Mo” Hill, a candidate for mayor in the June 4th Republican primary, was the first prominent Republican to call for Gilmore’s resignation.
More from my site
Gilmore Angling to Retain Power In Ocean County
Gilmore sentenced to 1 year and a day, 3 years supervised release
Gilmore Resigns From Ocean County Board of Elections- Gilmore: Irrational Jury Convicted Him
Vicari running for Governor of Ocean County- Gilmore’s conviction upheld
Toms River Official Calls For Gilmore To Resign- RINO Alert: Gilmore Resigned In Name Only
Guadagno: “We will win this election”- Trump Pardons Gilmore
It’s time for a resignation so that new leadership in Ocean County can come up to speed well ahead of the election.
For him and his family, bad choices seem to have been made. Why don’t some wealthy people get that to stay out of trouble, pay your taxes? But, for what’s left of a GOP in NJ, politically, this was arguably the top and most successful county chair, in number of seats, and duration as chair. Will be very tough to replace him, in that regard. The last thing we need is for Ocean County to start losing, there are only a third of the counties with Republican majorities, now. If you want to know how it feels to be sliding down a muddy slope, or being lost in a blue desert, that’d be us Republicans, in dear old NJ..