39°
Anthony Marraccini admitted in federal court on Wednesday, Jan. 22 to tax evasion, admitting that he failed to pay more than $900,000 over the span of more than five years. The new charge is unrelated to the internal incident and suspension that led to his ousting at the department in 2016.
From 2011 through 2016, Marraccini pleaded guilty to failing to disclose nearly $2.5 million from his personal business, Coastal Construction Associates. In total, he reportedly failed to pay more than $750,000 in federal taxes and nearly $120,000 in state taxes. Instead, he deposited some checks Coastal Construction received for construction work into his personal bank accounts. He also cashed some checks Coastal Construction received at a check cashing service and kept the cash for his personal use.
U.S. Attorney Geoffrey Berman said that Marraccini also failed to report a total of more than $199,800 in rents received from two rental homes he owned in Purchase from 2011 through 2015. In addition, Marraccini failed to report $24,500 in rents he received from a rental home he owned in Rye in 2013 and 2014. In total, Marraccini failed to report more than $2.5 million in revenue from Coastal Construction and the rental properties.
Marraccini, 54, was ordered to turn in his passport and surrendered his pistol permit. He will face a maximum term of up to five years in prison on the tax evasion charge and faces hundreds of thousands of dollars in fines when he is sentenced.
“As he admitted in court today, former Harrison Police Chief Anthony Marraccini failed to report more than $2.5 million he earned through his ownership of a construction company and several rental properties," Berman said. "At a time when he was the top law enforcement officer in Harrison, Marraccini broke the law and evaded more than $780,000 in income taxes. Sworn officers of the law should be held to a higher standard. At a bare minimum, they should be expected to obey the law.”
Marraccini is released on $250,000 bond. He is scheduled to appear in court on May 16 for sentencing.
“As the Chief of Police for the Town of Harrison, Anthony Marraccini held a position of trust in the eyes of the public," IRS-CI Acting Special Agent in Charge Jonathan D. Larsen said. "That trust was broken when he decided to commit a serious tax felony. The laws of the land apply to everybody, regardless of position or power. IRS-CI special agents will continue their work to ensure that everybody pays their fair share.”
Click here to follow Daily Voice Yorktown and receive free news updates.
