Author Topic: Sam Woo Finally Got Caught  (Read 5425 times)

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Offline Dresden215

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Sam Woo Finally Got Caught
« on: August 19, 2020, 01:02:25 PM »
After years of being cash only, the owner is being sentenced for tax and insurance fraud:
https://la.eater.com/2020/8/18/21373831/sam-woo-restaurant-owner-gary-cheung-tax-insurance-fraud-guilty

Offline aquabliss

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Re: Sam Woo Finally Got Caught
« Reply #1 on: August 19, 2020, 02:03:33 PM »
The biggest disappointment of this article is that the owners name isn't "Samuel Woo".

Offline zubs

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Re: Sam Woo Finally Got Caught
« Reply #2 on: August 19, 2020, 09:28:59 PM »
So what happened?
Did Sam Woo employees try to apply for unemployment and realize EDD wasn't getting their payment, so they get no $600 /week federal enhancement? as well as the standard state unemployment money?  Covid sure fucked shit up.

Offline USCTrojanCPA

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Re: Sam Woo Finally Got Caught
« Reply #3 on: August 20, 2020, 09:34:06 AM »
Wonder how many other "cash only" restaurants they'll start going after since tax revenues are needed in a big way.
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Offline eyephone

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Re: Sam Woo Finally Got Caught
« Reply #4 on: August 20, 2020, 09:42:48 AM »
I assume cash only restaurants/business have been on the radar.

Offline USCTrojanCPA

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Re: Sam Woo Finally Got Caught
« Reply #5 on: August 20, 2020, 09:45:56 AM »
So what happened?
Did Sam Woo employees try to apply for unemployment and realize EDD wasn't getting their payment, so they get no $600 /week federal enhancement? as well as the standard state unemployment money?  Covid sure fucked shit up.

Guess covid was the tide rolling in a long way. As the saying goes, if you play with fire sooner or later you'll get burned.
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Offline Compressed-Village

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Re: Sam Woo Finally Got Caught
« Reply #6 on: August 20, 2020, 04:58:14 PM »
Does that mean I have to use credit cards now going to Sam Woo express?

Or soon to be Fed-Coins apps.

This bitcoin too will get the same boots as cash only.

Our government just getting started. They want honest citizens, but the FED is running a ponzi-scheme and it’s ok for them to frauds.

Offline eyephone

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Re: Sam Woo Finally Got Caught
« Reply #7 on: August 21, 2020, 10:18:03 AM »
I assume cash only restaurants/business have been on the radar.

In general, tax collection is down due to COVID. So the government must find money and crack down.  ;)

Offline momopi

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Re: Sam Woo Finally Got Caught
« Reply #8 on: August 25, 2020, 09:31:46 AM »

Don't worry.  Many restaurants have stopped taking cash due to COVID-19 and the trend toward cashless will continue.  Revelation ch 13 verse 15–18 will become a reality as we get chipped in our right hands for cashless transactions and marked on the forehead for vaccinated.

Now where did I put my Iron Maiden tapes...


Offline GenericIrvineResident

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Re: Sam Woo Finally Got Caught
« Reply #9 on: January 21, 2021, 11:11:35 AM »
Last I checked, they were still cash only (to-go BBQ order)

Offline sleepy5136

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Re: Sam Woo Finally Got Caught
« Reply #10 on: February 06, 2021, 09:20:11 PM »
That is pretty incredible that selling fast food cantonese food can generate millions of dollars.... I'm very shocked about that. It seems like the San Gabriel location closed for good too. https://www.yelp.com/biz/sam-woo-barbecue-san-gabriel

Offline GenericIrvineResident

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Re: Sam Woo Finally Got Caught
« Reply #11 on: February 08, 2021, 04:44:53 PM »
That is pretty incredible that selling fast food cantonese food can generate millions of dollars.... I'm very shocked about that. It seems like the San Gabriel location closed for good too. https://www.yelp.com/biz/sam-woo-barbecue-san-gabriel

Most restaurants of that size generate at least a million dollars in revenue in a given year. Add the factors of being a relatively niche Asian food (Dim Sum + Cantonese BBQ) in a highly Asian concentrated area, and it isn't too surprising. If Sam Woo was in Newport or Huntington, it may be surprising.

Offline sleepy5136

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Re: Sam Woo Finally Got Caught
« Reply #12 on: February 09, 2021, 08:24:11 PM »
That is pretty incredible that selling fast food cantonese food can generate millions of dollars.... I'm very shocked about that. It seems like the San Gabriel location closed for good too. https://www.yelp.com/biz/sam-woo-barbecue-san-gabriel

Most restaurants of that size generate at least a million dollars in revenue in a given year. Add the factors of being a relatively niche Asian food (Dim Sum + Cantonese BBQ) in a highly Asian concentrated area, and it isn't too surprising. If Sam Woo was in Newport or Huntington, it may be surprising.

I still find that hard to believe considering there is so much competition in the 626 area. Not to mention their food is very inconsistent between branches. For 626 standards, I feel its okay. Also, 626 is mostly mainland chinese and not so much Cantonese.

Offline zubs

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Re: Sam Woo Finally Got Caught
« Reply #13 on: August 23, 2021, 04:03:09 PM »
Hey Look!  Another "CASH ONLY" restaurant getting busted over taxes.

https://laist.com/news/food/mamas-lu-dumpling-duo-pleads-guilty-to-tax-fraud-food-crime-san-gabriel-valley-soup-dumplinga


I don't think I have ever been to mama lu.

Offline akkord

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Re: Sam Woo Finally Got Caught
« Reply #14 on: August 23, 2021, 07:12:33 PM »
Hey Look!  Another "CASH ONLY" restaurant getting busted over taxes.

https://laist.com/news/food/mamas-lu-dumpling-duo-pleads-guilty-to-tax-fraud-food-crime-san-gabriel-valley-soup-dumplinga


I don't think I have ever been to mama lu.

Mama Lus was pretty good, the last time I went.  I haven't been in years now since I don't make the trek to LA much anymore, parents went and said it may have changed ownership sometime and isn't as good anymore. 

 

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