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Massachusetts exec busted for allegedly cheating the IRS, getting paid under the table

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5 months ago

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Massachusetts exec busted for allegedly cheating the IRS, getting paid under the table


A former local exec is accused of cheating the IRS by getting paid more than $1.6 million in compensation and fringe benefits under the table.

Marlboro man Stephen Hochberg, 77 — who was an accounting and real estate executive in Sudbury — was recently charged by the feds. He has agreed to plead guilty to perpetrating the multi-year scheme.

Hochberg, who was previously convicted of wire fraud and securities fraud, is also accused of lying to the U.S. Attorney’s Office about his income to avoid paying restitution he owed to victims of the earlier fraud scheme.

According to the feds, Hochberg and his business partner Charles Katz agreed as early as 2014 to cheat the IRS.

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They allegedly agreed that Hochberg — who was the director of corporate services at Katz’s accounting firm and the COO at Katz’s real estate firm — would be paid significant compensation off the books so that Hochberg would have tax-free income.

Also, this scheme would mean that Katz’s firms – CD Katz LLC and Gebsco Realty Corporation – would have lower employment taxes.

Over time, Katz allegedly paid Hochberg’s family, provided rent-free housing to Hochberg’s ex-wife, paid college tuition for his children, and paid personal expenses that Hochberg and his ex-wife charged on corporate credit cards.

Katz allegedly paid Hochberg at least $1,668,487 in unreported income, and avoided taxes of at least $835,105.

In 2008, Hochberg was convicted of eight counts of wire fraud and nine counts of securities fraud. He was sentenced to more than five years in federal prison, and he was ordered to pay almost $1.8 million to his victims.

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In addition to his and Katz’s scheme, he allegedly lied to the U.S. Attorney’s Office about his income from Katz’s firms and obstructed the collection of restitution he owed victims.



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Massachusetts

Wrong-way crash closes I-495 southbound in Chelmsford, 1 seriously injured – Boston News, Weather, Sports | WHDH 7News

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8 hours ago

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April 22, 2026

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Wrong-way crash closes I-495 southbound in Chelmsford, 1 seriously injured – Boston News, Weather, Sports | WHDH 7News


CHELMSFORD, MASS. (WHDH) – A wrong-way driver crashed into another vehicle on I-495 in Chelmsford Tuesday night, shutting down the soundbound lanes in that area, according to Massachusetts State Police and The Massachusetts Department of Transportation (MassDOT).

State police said Troopers from the Concord Barracks responded to a two-car crash on I-495 at the Hunt Road overpass shortly before 10 p.m. They said preliminary information indicates the crash happened as a result of a wrong-way driver striking a vehicle traveling in the correct direction.

Chelmsford Fire and EMS responded to the scene, and the driver was taken to the hospital by MedFlight. State police said they suffered life-threatening injuries.

MassDOT said the highway southbound is currently closed at exit 88 due to the crash, and is expected to remain closed for several hours.

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Drivers are asked to seek alternate routes at this time.

This is a developing news story; stay with 7NEWS on-air and online for the latest details.

(Copyright (c) 2026 Sunbeam Television. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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Massachusetts

Two stabbed at Cedar’s Mediterranean Foods plant in Haverhill

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20 hours ago

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April 21, 2026

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Two stabbed at Cedar’s Mediterranean Foods plant in Haverhill


Two people were seriously injured in a stabbing at the Cedar’s Mediterranean Foods manufacturing facility in Haverhill, Massachusetts, on Tuesday morning.

Haverhill police said they responded to the Cedar’s plan on Foundation Avenue around 10:30 a.m. for a report of a disturbance involving a weapon. When they arrived, they found two people suffering from apparent stab wounds.

Both people were provided with medical assistance on scene and taken to area hospitals with what police described as serious injuries. Their names have not been released, and no update on their conditions was immediately available.

Preliminary investigation determined that the two people knew each other, and police said there is no ongoing threat to the public. They said their investigation into the incident remains active.

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Injured Massachusetts teen thanks rescuers who

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1 day ago

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April 21, 2026

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Injured Massachusetts teen thanks rescuers who



Two Plymouth, Massachusetts teens were saved from the summit of Mount Washington after a leg injury stranded them.

Khang Nguyen,17, said he and his friend, 18-year-old Vaughn Webb, thought they were well prepared for their hike on Saturday. They brought trekking poles, layers, microspikes for their boots and more. 

But halfway up the trail, Nguyen feared the worst when his leg began to hurt. 

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“It was just incredibly painful to lift up my right leg,” he explained. “I told [Vaughn] to leave me behind so I could go on my own pace and for him to reach the summit to get help at first.” 

The pair managed to reach the top of the mountain but had to seek shelter next to a building as wind gusts increased, and the air temperature reached 38 degrees. Nguyen said they also ran out of food and water. The New Hampshire Fish and Game Department received the 911 call around 7:30 p.m. and quickly alerted a State Park employee who began to search for the two teens.

“Conservation Officers then began responding in four-wheel-drive pickup trucks to try and get to the summit and back ahead of incoming snow,” the game department said in a statement. 

After around 30 minutes of reaching both Webb and Nguyen were found. They were taken inside a building and Nguyen was being treated for his injury.

“The worker that was up there, [said] that they came in record time, and we appreciate their help a lot. It saved our lives potentially,” Nguyen explained. 

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The pair was successfully taken off the mountain by 10 p.m.  The two teens are now safely back in Massachusetts and are incredibly grateful to their rescuers. 

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