SELECT LANGUAGE BELOW

Owners of famous Philly Cheesesteak chain sentenced in $8M tax fraud scheme

FOX Business host Larry Kudlow explains tax and economic policy on “Kudlow.” The owners of the famous Philadelphia cheesesteak restaurant Tony Luke’s were sentenced to prison on Thursday for tax evasion for concealing more than $8 million over a 10-year period. The owners, 57-year-old Nicholas Lucidonio and 84-year-old Anthony Lucidonio Sr., were each sentenced to […]

Owners of iconic Philly cheesesteak shop sentenced to prison for tax fraud

Two owners of a famous Philadelphia cheesesteak restaurant were sentenced to prison on Thursday for tax evasion. Nicholas Lucidonio, 57, and Anthony Lucidonio Sr., 84, who owned and operated the South Philadelphia cheesesteak restaurant Tony Luke's, both had a “10-year history of defrauding the IRS.'' He was sentenced to 20 months in prison for conspiracy.to […]