Todd A. Marra, Conspiring to Defraud the IRS, Michigan 2012
A Detroit-area mortgage broker, Todd A. Marra, has been charged with conspiring to defraud the IRS and filing false tax returns.
According to the indictment, from 2012 to 2018, Marra, a fifty-percent shareholder and co-managing partner of a mortgage brokerage in Troy, Michigan, allegedly conspired to defraud the IRS by diverting more than $1.6 million in business proceeds.
The indictment alleges that Marra and his coconspirator withdrew cash shortly after depositing checks into the business's bank account and did not record all deposits and withdrawals on the business's books and records.
Marra and his coconspirator allegedly used these business proceeds to pay for personal expenses and debts and then provided false records to their return preparer that underreported gross receipts and concealed the diversion of funds.
The indictment alleges that their actions caused the filing of false partnership returns that substantially underreported the business's gross receipts and overreported expenses, and also caused the filing of false personal income tax returns that substantially underreported Marra's income.
Marra faces a maximum penalty of five years in prison for the conspiracy count and a maximum penalty of three years in prison for each false tax return count.
Acting Deputy Assistant Attorney General Stuart M. Goldberg made the announcement.
IRS-Criminal Investigation is investigating the case, and Assistant Chief Jorge Almonte and Trial Attorney Catriona M. Coppler are prosecuting the case.
An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Key Facts
- State: Michigan
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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