McKnight’s reported Paul Walczak, a nursing home owner, was indicted on charges he willfully failed to pay more than $6 million in taxes. The Department of Justice said he used the funds to purchase a yacht, lease luxury vehicles and charter private international flights. He stole withholdings from employees’ paychecks.
Walczak owned multiple healthcare companies between 2009 and 2019, including NuVista, a three-site nursing home company with a checkered past. He also owned Palm Health Partners and PHP Employment Services, a healthcare employment company he founded in 2010. Walczak allegedly exercised control over the businesses’ finances. He was responsible for paying over to the IRS employment taxes, including federal income, Social Security and Medicare taxes.
Walczak operated NuVista Living in Wellington with his mother, Elizabeth Fago. Fago is a well-known political donor, described recently by the New York Post as having “made a fortune in the nursing home business.” Last year, she sold her Jupiter, FL, mansion for $12.5 million. Must be nice.