Angelo Kanaris, Embezzlement, Ohio 2022

State: Ohio
Category: White Collar Crime
Source: <a href="https://www.justice.gov/usao-ndoh/pr/strongsville-man-sentenced-prison-embezzling-375k-employer-and-filing-false-tax-returns" style="color:#cc0000;" target="_blank" rel="nofollow noopener">DOJ Press Release ÃƒÂ¢Ã¢â‚¬Â Ã¢â‚¬â€

A Strongsville man was sentenced to prison for embezzling $375,656.55 from his employer and filing false tax returns, according to court documents obtained by Grimy Times.

Angelo Kanaris, 42, of Strongsville, Ohio, was sentenced on Monday, March 14, 2022, by U.S. District Judge Christopher A. Boyko to six months in prison, six months of home confinement and ordered to pay $87,068 in restitution to the IRS.

Kanaris pleaded guilty to a Bill of Information charging him with one count of bank fraud and four counts of filing a false tax return.

According to court documents, beginning in 2013, Kanaris worked as an accountant for a Cleveland-area company, where he was responsible for writing checks to the company vendors and preparing sales tax returns. However, Kanaris used a mobile deposit feature to deposit these checks into his bank account for personal use.

From in or around 2013 through 2017, Kanaris embezzled approximately $375,656.55 from the company while working as an accountant. He failed to report this income change as taxable income on his personal tax returns for the years 2013 through 2017.

This case was investigated by the FBI and Internal Revenue Service – Criminal Investigation. The case is being prosecuted by Assistant U.S. Attorney Alejandro A. Abreu.

Kanaris’s sentencing marks the end of a lengthy investigation into his alleged crimes. The case serves as a reminder of the importance of accountability in the business world and the serious consequences that come with embezzlement and tax evasion.

Angelo Kanaris is currently serving his sentence, having been ordered to pay $87,068 in restitution to the IRS. The case is a significant blow to the business community, highlighting the need for vigilance in preventing and detecting financial crimes.

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