UPDATE: Manco and Manco Owners Plead Not Guilty to Tax Evasion

Charles and Mary Bangle appeared in Camden federal court Monday afternoon.

Patch File Photo
Patch File Photo
The owners of a popular boardwalk pizzeria pleaded not guilty to 30 counts of tax evasion on Monday.

Charles Bangle, 54, and Mary Bangle, 53, appeared in federal court in Camden after being indicted on 30 counts of tax evasion Monday afternoon.

They were charged with one count of conspiracy to evade income taxes, five counts of income tax evasion for 2007 through 2011, and one count of making false statements to the IRS.

Charles Bangle is also charged with 23 counts of structuring financial transactions to avoid reporting requirements.

They were released on a $100,000 unsecured appearance bond, and their travel is being restricted to the continental United States.

Between 2007 and 2011, Charles and Mary Bangle allegedly skimmed large sums of cash from the business, according to the indictment.

Charles Bangle deposited significant amounts of that cash into their personal bank account at TD Bank in amounts less than $10,000 in order to avoid triggering a Currency Transaction Report from financial institutions to the U.S. Department of Treasury.

The Bangles then used the money to pay for personal expenditures. They allegedly concealed approximately $981,000 in income from the IRS, which they had a legal obligation to report on their personal income tax returns.

Had they accurately reported all their income to the IRS, the Bangles would have owed an additional $336,273.

The Bangles claimed the deposits into their personal checking account were from cash salary earned at the pizza business.

Each of the 30 counts of the indictment carries a maximum potential penalty of five years in prison and a $250,000 fine.

CleanOC April 15, 2014 at 08:33 PM
Ok. Thanks for setting us straight.
Steve April 16, 2014 at 07:06 AM
Let s just assume that any restaurant that is cash only is doing it to avoid taxes. No paper trail
Kathy O'Connor April 16, 2014 at 07:27 AM
Clean OC is that a reference to your job? are you a trash collector? If so, I commend you for taking trash out of the cans and putting it in the truck good job!
Angela April 16, 2014 at 07:50 AM
Wow. Kathy that was hurtful and rude. I hope those are not judgements you are trying to instill in your students! Honestly this is the first time I've ever commented on Patch and it's been interesting. From now on I think I'll keep my opinions to myself! Have a good day everyone - be kind to each other.
Kathy O'Connor April 16, 2014 at 10:40 AM
Angela - I think you are confused - you certainly are confused when you try and justify stealing by saying small business owners don't have pensions and pay more taxes than anyone else (small business owners pay taxes on income, just like everyone else) I always try to instill kindness in my students but at the same time, I try to let them know to stand up for themselves against hypocritical phonies and that stealing is wrong and when you break the law, you have to pay a price - (don't worry I doubt Clean OC is a trash collector - it was a joke)


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