NEWARK – A Monmouth County pharmacist could be getting up to five years in prison for cashing millions of dollars’ worth of pharmacy checks to avoid paying income taxes, according to US Attorney Craig Carpenito.
Ajay Barthwal, 43, of Morganville pleaded guilty on March 5 to charges of conspiracy to commit tax evasion on income from Old Bridge Drugs & Surgicals (OBDS). Barthwal failed to report his total accurate income on tax returns filed between 2009 and 2011.
According to the case presented in federal court, Barthwal and his wife claimed to each own 50 percent of the pharmacy, when in reality, he was one-third owner alongside Dilip Naik and Bhavesh Mistry. Naik and Mistry were “silent partners” of OBDS and have also previously pleaded guilty to similar tax crimes.
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