Friday, May 17, 2019

  

Former police chief sentenced to 18 months for tax evasion

WHITE PLAINS – The former Harrison Police chief was sentenced in federal court on Thursday to 18 months in prison for tax evasion.

Anthony Marraccini, 54, of West Harrison, pled guilty in January before Judge Kenneth Karas, who imposed sentence.

According to the allegations, during the period of 2011 to 2016 while he was chief, he also owned and operated Coastal Construction Associates LLC and was a salesman for two title companies. He also owned several residential rental properties. While he deposited some checks for his construction company, he took other parts of the deposits as cash and falsely represented to his tax return preparers that Coastal Construction’s bank account statements showing the vast majority of the company’s revenue for each year.

In all, Marraccini failed to report more than $2.3 million in revenue for Coastal Construction for the tax years 2011 through 2016.  He also failed to report $199,800 in rents from two rental homes he owned in Purchase from 2011 through 2015 and failed to report $24,500 in rents from a rental home he owned in Rye in 2013 and 2014. In total, he failed to report over $2.5 million in revenue from Coastal Construction and rental properties, thereby evading more than $782,000 in federal income tax and more than $119,000 in state income tax from 2011 through 2016.

In addition to prison time, Marraccini was sentenced to one year of supervised release and fined $25,000.

 

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