Queens Auto Body Shop Owner Charged With Tax Fraud

NEW YORK (CBSNewYork) – An Elmhurst, Queens auto body shop owner has been charged with tax fraud after failing to pay sales taxes.

According to a news release from the Queens District Attorney's office, the shop owner allegedly under-reported nearly $2 million in repair work.

If convicted, 51-year-old Victor Izquierdo faces up to 15 years in prison.

"Tax fraud is the type of crime that makes every New Yorker a victim," District Attorney Richard A. Brown said in a statement. "It cheats not only the government, but also the public out of much-needed funds."

Izquierdo was arraigned Tuesday where he was charged with grand larceny, criminal tax fraud and falsifying business records. He also faces charges for first-degree offering a false instrument for filing and scheme to defraud.

Brown said according to the criminal complaint, Izquierdo's auto body shop collected more than $3.2 million from insurance companies like Geico and Progressive between March 2008 and February 2013. However, the criminal complaint says he only reported repairs totaling just over $1.2 million.

He is due back in court on November 14.

You Might Also Be Interested In:

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.