financial woes

Frankie and Johnnie’s F & J Pine Owner Pleads Guilty to $3 Million in Tax Evasion

According to Empire State News, Anthony Bastone, the owner of steakhouse standby Frankie and Johnnie’s Bronx spot F & J Pine Restaurant has plead guilty to filing false tax returns. Along with the restaurant’s corporate ownership, he’ll have to fork over a total of $3.25 million dollars in sales tax and insurance premiums that were found to be owed after a three-year audit and investigation.

Restaurant owner, corporation admit evading more than $3 million in taxes [Empire State News]

Correction: An earlier version of this article identified the restaurant in question as Frankie and Johnnie's. Though the Empire State News item stated that F & J Pine Restaurant is also known as Frankie and Johnny's, it is not affiliated with the well known Manhattan establishments.

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