Toms River accountant given prison time for tax fraud
A Toms River accountant, who conned clients out of their tax refunds for several years, is handed a prison term of three years and a month.
Doreen Gentile, 62, was sentenced today in Camden, according to the office of New Jersey U.S. Attorney Paul J. Fishman. She previously pleaded guilty to two counts of a multiple-charge indictment, charged with mail fraud and filing false tax returns.
Gentile owned and operated Doreen A. Gentile & Associates (DAG & Associates),LLC. According to information supplied by prosecutors, Gentile admitted preparing Internal Revenue Service and New Jersey tax forms for display to clients, indicating no tax or refund due, a minimal tax owed, or a refund well below the entitled amount.
She then prepared a second set of returns, signed without client permission, and sent them to federal and state offices for full refunds, authorities said.
The IRS and the state issued and mailed refund checks to DAG & Associates, which Gentile deposited in the company account and used for personal expenses, authorities said.
Gentile also told the court that she under-reported her company-related income, including the refunds, to the IRS from 2006 through 2009. Prosecutors said that the tax losses amounted to $188,811.
In addition to the sentence, Gentile was ordered to pay restitution of $1,863,013, and serve three years of parole supervision.
Gentile was represented by Camden-based attorney Christopher O'Malley. The government's case was led by Senior Litigation Counsel Jason M. Richardson.