Frank J. Picone, Tax Evasion, WV, 2023

MARTINSBURG, WEST VIRGINIA – The sweet smell of marinara couldn’t mask the stench of tax evasion for Frank J. Picone, 49, and Toni A. Picone, 44, of Falling Waters, West Virginia. The couple, owners of Rocky’s New York Pizza in Hagerstown, Maryland, landed in federal court today and admitted to deliberately dodging their tax obligations.

According to United States Attorney William J. Ihlenfeld, II, the Picones failed to file personal income tax returns for the years 2010 and 2011. It’s a classic playbook: rake in the dough, skip the filings, and hope you don’t get caught. But the IRS – Criminal Investigation division isn’t known for its forgiving nature.

Both Frank and Toni Picone each pled guilty to two counts of “Failure to File a Personal Income Tax Return.” Each count carries a potential sentence of up to one year in prison and a fine of up to $100,000.00. That’s $200,000 in fines *and* two years potentially lost to incarceration for neglecting a basic civic duty.

While the Federal Sentencing Guidelines will ultimately determine the final sentence, it will be based on the severity of the offenses and any prior criminal history the couple may have. A clean record might offer some leniency, but the IRS doesn’t play games when it comes to lost revenue.

Assistant U.S. Attorney Robert McWilliams, Jr. is leading the prosecution, demonstrating the federal government’s commitment to cracking down on financial crimes, no matter how seemingly small. The investigation was spearheaded by the Internal Revenue Service – Criminal Investigation, proving that every dollar counts when it comes to tax enforcement.

U.S. Magistrate Judge Robert W. Trumble presided over the proceedings. The Picones are now awaiting sentencing, a stark reminder that even the most successful businesses can crumble under the weight of illegal financial dealings. The Grimy Times will continue to follow this case and report on the final outcome.