The former manager of a Greenwich, CT, auto repair shop was recently sentenced to 18 months in federal prison for filing false tax returns. According to court documents, Eugene Ceriello had deposited about $707,400 in his bank account between 2004 to 2008 that he had embezzled from the repair shop. During that time period, he would regularly access the shop’s computer system to change the amount of money the shop was receiving from sales.
Below is the article as it appeared on the Greenwich Time website.
Auto Repair Shop Manager Sentenced for Tax Fraud
April 14, 2012
BRIDGEPORT — A 48-year-old Stamford resident and former manager of a Greenwich car repair shop was sentenced Friday to 18 months in federal prison for filing false tax returns, U.S. Attorney David B. Fein announced in a news release.
Eugene Ceriello, of 24 Home Court, Stamford, was sentenced by U.S. District Judge Stefan R. Underhill in Bridgeport federal court. Ceriello will also serve one year of supervised release following his prison term.
According to court documents, Ceriello worked for about 10 years as the manager of Greenwich Automotive Services, formerly located at 111 W. Putnam Ave., near Greenwich Library. The business has since moved to Port Chester, N.Y.
As manager, Ceriello had complete control over the day-to-day operations of the company and complete access to the computerized records the business maintained, according to court documents. For several years, Ceriello embezzled hundreds of thousands of dollars from the company by taking cash generated from vehicle repairs services, and the sale of gasoline and other retail items. He regularly accessed the company’s computer system to change the records of the amount of money the business received in those sales.
To read the entire article on the Greenwich Time website, click HERE.