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Former Wheaton attorney charged with federal tax crime
By Sun-Times Media Wire
WHEATON, Ill. - A former attorney from west suburban
Wheaton has been accused of withholding his employees’ taxes from their paychecks without actually paying them to tax authorities.
Adam Tracy, 43, is due to be arraigned Monday on one count of willful failure to pay taxes to the IRS, according to a statement from the U.S. Attorney’s Office in the Northern District of Illinois.
Tracy, operating Securities Compliance Group Ltd. which also does business as Clearing Link LLC, Wabash Capital Advisors Ltd., Guanwei Recycling Corporation and The Tracy Firm is accused of withholding over $137,000 in payroll taxes from his employees’ paychecks between 2014 and 2018, prosecutors said. Despite withholding the taxes, however, the money was never paid to the IRS. ....

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