Westport 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 …
Tappin' IT: Manager Admits Embezzling $4.5M From NJ Brain Injury Fund For Sex With Gal Pals
The now-former manager of a fund for traumatic brain injury patients in New Jersey admitted diverting more than $4.5 million in public money to women he was having sex with, authorities said.
Harry Pizutelli, 64, of Edison, pleaded guilty by videoconference to conspiring to commit health care fraud before a federal judge in Trenton, U.S. Attorney Philip R. Sellinger announced on Wednesday, Jan. 4.
One of the women who benefitted from the scheme, Maritza Flores, 45, of Toms River, pleaded guilty to the same charge, as well as to tax evasion, Sellinger said.
In exchange, Pizutelli had amorou…
CT Attorney Specializing In Personal Injury Admits To Tax Evasion, Must Repay IRS $750K
An attorney based in Connecticut faces jail time after admitting to tax evasion.
Wallingford resident Mark Carbutti, age 48, who is an attorney specializing in personal injury law, pleaded guilty to tax evasion on Thursday, Dec. 1, according to the Connecticut US Attorney's Office.
For several years starting in 2013, Carbutti only made limited payments of the over $585,000 he owed the Internal Revenue Service as a result of his legal practice and rental income for tax years 2013 through 2017. As a result, he also owed interest and penalties that accrued during this time as well,…
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…
4 NJ Police Officers Indicted For Bilking Town For No-Show 'Extra Duty' Assignments: Prosecutor
Four suspended police officers from Central Jersey bilked their town for no-show "extra duty" assignments, authorities said.
The Edison Police officers were charged with racketeering, bribery, theft, money laundering and witness tampering, Middlesex County Prosecutor Yolanda Ciccone and Chief Thomas Bryan of the Edison Police Department said on Friday, Oct. 14.
They did not say how much taxpayer money was stolen by the former officers.
Sergeant Ioannis (John) Mpletsakis, 43, of Edison Township, Patrolman James Panagoulakos, 36, of Jackson Township, Patrolman Gregory&nbs…
Construction Company Co-Owner Sentenced In South Jersey Tax Evasion, Theft Case
A 67-year-old Atlantic County man was sentenced to five years probation in connection with theft and tax evasion at a family-owned construction company.
Pat L. Christopher, of Hammonton, was a former co-owner of the Christopher Construction Company, LLC.
The victims, Dennis and Robert Christopher, were also co-owners of the business and the defendant’s brothers. They still maintain possession and control of Christopher Construction Company, LLC.
An investigation conducted by the Atlantic County Prosecutor’s Office, Financial Crimes Unit, specifically by Detective Kimberly McColligan, revea…
Ex-Mass Lawyer Get Years In Prison, Must Repay Millions He Ripped Off From Clients: Feds
A former Hyannis attorney who was stealing from his clients and ripping off banks must repay the millions he stole once he gets out of prison, federal authorities said. His wife will be joining him in jail as well.
Barry Wayne Plunkett Jr., 62, pleaded guilty to five counts of bank fraud, one count of aggravated identity theft, and one count of tax evasion, the US Attorney's Office said. A federal judge sentenced him to six and a half years in prison, and he must repay $3 million and forfeit $3.2 million, authorities said. His wife, Nancy Plunkett, 57, who pleaded guilty to f…
