Midland Woman Faces Federal Prison Time for Defrauding the IRS


MIDLAND, TX –– A Midland businesswoman is facing years in prison after pleading guilty to not paying federal payroll taxes. 

According to court records, Lydia Evaro Madrigal, the president, and chief executive officer of EXN, Inc., withheld payroll taxes from its employees’ paychecks but did not make the required payroll tax payments to the IRS between 2013 and 2015.

Investigators determined the 64-year-old failed to pay $637,594.35 in payroll taxes withheld from employees and $249,536.35 in FICA taxes. Instead of paying the federal government, Madrigal used the money for her benefit.

As of this week, Madrigal has voluntarily paid the losses to the IRS in full.

Madrigal will be sentenced later this year and could face a maximum penalty of five years in prison.

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ME Someone, Tue, 01/25/2022 - 18:18

Cry and scream more. That is all you do when someone says something you don't like.

Why do you hate the first amendment and the constitution, you have already admitted you do, but why?

Have you stopped beating your wife yet?

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