Pizza shop owner gets prison sentence for false tax returns

A New Jersey shore pizzeria owner who admitted filing false income tax returns over a span of several years has been sentenced to 15 months in federal prison.

Associated Press

Oct 29, 2020, 9:34 AM

Updated 1,519 days ago

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A New Jersey shore pizzeria owner who admitted filing false income tax returns over a span of several years has been sentenced to 15 months in federal prison.
Giuseppe D’Arancio must also pay $507,246 in restitution to the IRS under the sentence imposed Wednesday.
D’Arancio, who owned Sal’s Ristorante and Pizzeria in Wildwood Crest, had pleaded guilty in January to a complaint charging him with five counts of filing a false income tax return.
Federal prosecutors say D’Arancio and another co-owner used two sets of accounting books to under-report the pizzeria’s taxable income by about $1.2 million between 2012 and 2016.