TDPel Media News Agency

Texas Man Bags thirty Months in jail after he embezzled money from boss with fake tax return.

Samantha Allen - Author Profile Picture
By Samantha Allen
Published:
Advertisements

Download Vital Signs App (VS App)

Download on Android
Download on iPhone

Texas Man Sentenced to Prison for Embezzlement and False Tax Return

In a recent legal development, a Texas man has been sentenced to 30 months behind bars for embezzling funds from his employer and filing a fraudulent tax return.

Embezzlement Scheme Unveiled

According to court records, the individual in question, Steven Marquez of Hutto, engaged in an embezzlement scheme spanning from April 2010 to October 2017. During this period, Marquez embezzled an amount exceeding $700,000 from his employer, an Austin-based property management company, while holding the position of head of its bank reconciliation team. To conceal his illicit activities, Marquez tampered with his employer’s corporate bank statement. He systematically removed evidence of his transfers, making it appear as though the statements were in harmony with the company’s records.

False Tax Return and Its Consequences

Advertisements

Further complicating matters, Marquez filed a deceptive tax return for the year 2017, where he failed to report the embezzled funds as income. This omission led to legal consequences.

Additional Penalties Imposed

In addition to his prison sentence, Marquez has been ordered to serve three years of supervised release. Furthermore, he is obligated to make financial restitution, with a sum of $188,493 payable to the United States. Additionally, an additional $704,262 in restitution is required, specifically related to the embezzlement.

Announcement by Acting Deputy Assistant Attorney General

The announcement of this legal outcome was made by Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division.

Advertisements

Investigation and Prosecution

IRS-Criminal Investigation handled the investigation of this case. Assistant Chief David Zisserson and Trial Attorney Kavitha Bondada, both from the Tax Division, were responsible for prosecuting the case.

Read More On The Topic On TDPel Media

Beloud logo

Download TDPel Media App

Spread the News. Auto-share on
Facebook Twitter Reddit LinkedIn

Samantha Allen profile photo on TDPel Media

About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.