Two New York City income tax preparer siblings were sentenced for conspiracy to commit tax preparation fraud.
Giuseppe Emanuele was sentenced last month by U.S. District Judge Miriam Goldman Cedarbaum to 24 months in prison, followed by one year of supervised release, and Danny Emanuele, his brother, was sentenced to 12 months and one day in prison, to be followed by two years of supervised release. They agreed to pay restitution of $972,650 to the Internal Revenue Service.
According to prosecutors, the Emanuele brothers operated a tax preparation service in the Bronx known as “420 Multiservices.” From 2007 to 2010, they prepared tax returns that fabricated and/or fraudulently inflated their clients’ deductions for gifts to charity, unreimbursed employee expenses, investment expenses, legal fees and business losses.
The Emanueles were indicted by a grand jury in January 2013 on charges including conspiracy to commit tax preparation fraud and aiding and assisting in the preparation of false and fraudulent income tax returns.
They agreed to plead guilty to the conspiracy charge in July 2013.
The case was investigated by IRS-Criminal Investigation and prosecuted by the U.S. Attorney’s Office for the Southern District of New York.
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