Owners Of Manco & Manco Pizza Admit Evading Taxes
CAMDEN, N.J. (AP) — The owners of a popular Jersey shore pizza restaurant chain have admitted evading taxes and lying to the IRS.
Manco & Manco Pizza owner Charles Bangle pleaded guilty Thursday in federal court in Camden to evading taxes on his 2010 tax returns and structuring financial transactions in 2011 to avoid reporting requirements.
His 54-year-old wife, Mary, pleaded guilty to knowingly making materially false statements to the IRS.
Manco & Manco Pizza is located in Ocean City and has three stores on the boardwalk and one in Somers Point.
The Bangles were employees of Mack & Manco Pizza until they purchased it in 2011.
Charles Bangle acknowledged avoiding $91,577 in taxes.
They each face up to five years in prison when they are sentenced in October.
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