Friday, 18 September 2009 07:27
Nassau County District Attorney Kathleen Rice and the New York State Department of Taxation and Finance announced that a Muttontown man has been arrested on felony grand larceny charges after authorities charged him Tuesday with failing to give the state and county nearly $800,000 in sales and gasoline tax he collected at his Syosset gas station and auto repair shop.
Michael Ferrari, 43, was arrested Tuesday morning by DA investigators. He has been charged with Grand Larceny in the Second Degree. He faces up to 15 years in prison if convicted. He is scheduled to be arraigned Tuesday in First District Court, Hempstead.
Rice said that between March 2002 and February 2007, Ferrari, the owner of the 160 Jackson Avenue gas station and Ferrari’s Auto Repair, Inc. in Syosset, failed to remit sales and gasoline tax to both New York State and Nassau County. Rice said the total amount stolen is $794,475.97.
The charges are the result of an investigation performed by the New York State Department of Taxation and Finance and DA investigators.
“Mr. Ferrari stole from every honest taxpayer out there who is working hard and playing by the rules,” Rice said. “He lined his pockets with our hard-earned tax dollars and I’m not going to rest until he pays every last cent back to us. My office will continue to aggressively prosecute thieves who feel that the rules don’t apply to them, and who think nothing of passing their tax bill onto the rest of us.”
“Stealing sales tax robs honest people of money that supports education, transportation and health services,” said New York State Department of Taxation and Finance Acting Commissioner Jamie Woodward. “This arrest serves as a warning to those who believe tax fraud is profitable and illustrates our commitment to aggressively pursue tax criminals. I thank both DA Rice and her staff for prosecuting this case and the Tax Department employees who conducted the investigation.”
Handling the case for the DA’s Office is Assistant District Attorney Jeremy Glicksman of the DA’s Economic Crimes Bureau. The defendant is represented by Bernard Mark, Esq.
The charges are merely accusations and the defendant is presumed innocent until and unless proven guilty.