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Westchester Man, Partner Sentenced For Roles In $1M Ponzi Scheme
A Westchester County man and his business partner have been sentenced for their roles in a nearly decade-long $1-million Ponzi scheme.
White Plains resident James Doyle, age 74, and Carl Carro, age 61, of Walton, Delaware, were convicted of defrauding investors in New York and throughout the nation.
On Thursday, Jan. 12, Carro was sentenced to four to eight years in prison, and Doyle was sentenced to five years probation, New York Attorney General Letitia James announced.
As part of their respective sentences, Carro and Doyle agreed to pay a total of more than $1 million in judgments …
Fairfield County Investment Advisor Failed To Report $1.4M In Profits To IRS, Feds Say
An investment advisor from Fairfield County is being accused of failing to report more than $1.4 million in profits to the IRS, federal authorities announced.
Thomas Pacilio, age 64, of Westport, waived his right to be indicted and pleaded guilty on Thursday, Jan. 5 to a federal tax offense, Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Joleen D. Simpson, Special Agent in Charge of IRS Criminal Investigation in New England, said.
According to court documents and statements made in court:
In 2011, Pacilio and his partner started Clapboard Hill …
NY Businesswoman Convicted Of Obstructing IRS, Filing False Tax Returns
A New York businesswoman is facing federal prison time after being convicted of obstructing the IRS and filing false tax returns.
Long Island resident Lorraine Pilitz, age 64, of Merrick, was found guilty on all five counts against her by a federal jury in Central Islip Wednesday, Nov. 9, following a two-week trial.
Federal prosecutors said between 2011 and 2013, Pilitz, who owned several automotive businesses on Long Island, regularly structured cash deposits in a way that allowed her to avoid filing financial reports that are required for all transactions over $10,000.
The scheme resulte…
Sarah Lawrence Sex Cult Leader In Westchester Found Guilty On All Charges
Larry Ray, the leader of a sex cult run out of his daughter's dorm room at Sarah Lawrence College in Westchester, will face life in prison after being found guilty by a jury of sexually exploiting and trafficking girls.
Ray, now 62 years old following multiple delays in his trial and prosecution, was found guilty of 15 counts that include racketeering, sex trafficking, conspiracy, forced labor, extortion, tax evasion, and other crimes in relation to his scheme.
Related story - DOJ Accidentally Publishes List Of Alleged Clients In Sarah Lawrence Case
It reportedly took the jury le…
Fairfield County Man Sentenced For Tax Evasion
A Fairfield County man has been sentenced for evading paying more than $141,000 in taxes.
Michael Monroe, age 48, of Norwalk, was sentenced on Friday, Oct. 15, to six months in prison and six months of home confinement, according to Leonard Boyle, acting United States attorney for the District of Connecticut.
Monroe was also sentenced to three years of supervised release and 90 hours of community service.
Boyle said he was ordered to pay back the taxes of $141,041, plus interest and penalties. He pleaded guilty to one count of tax evasion on March 15.
Boyle said Monroe oper…
Westchester Man Among Former Executives To Admit To Multi-Million Dollar Kickback Scheme
Four men - including one each from Long Island and Westchester - will spend time behind bars for their roles in a tax evasion and bribery scheme.
Nassau County resident Ronald Olson, of Massapequa, Westchester County resident Michael Campana, of Tuckahoe, and Middletown, New Jersey residents Anthony Guzzone and Vito Nigro, are all facing charges after being busted for evading taxes over the course of nearly a decade.
Olson, a construction manager for Bloomberg, LLC, pleaded guilty on Wednesday, July 29 to charges that alleged he evaded taxes on more than $1.5 million in bribes received fro…
Northern Westchester Businessman Admits To Tax Evasion, Must Pay $395K
A Westchester County businessman has admitted to tax evasion for more than four years to the tune of almost $400,000.
Antonio Nikc, 58, of Chappaqua, pleaded guilty on Tuesday, March 3, to tax evasion for the years 2010 to 2014, for a total $395,745, said the U.S. Attorney's Office for the Southern District of New York.
According to the statements made in court, during the time period of the tax evasion, Nikc managed a number of family businesses that operate large rental buildings in New York and Connecticut, in a manner to conceal his sources of income to prevent the IRS from assessi…
