Manco & Manco Pizza Owners Admit Tax Evasion

Charles and Mary Bangle pleaded guilty in federal court.

The owners of the popular Jersey Shore chain Manco & Manco Pizza have admitted to tax evasion in federal court. Charles and Mary Bangle admitted to evading taxes, structuring cash payments to avoid reporting requirements and lying to IRS special agents, according to the U.S. Attorney’s office.

You may remember the business as Mack & Manco. It now has three stores on the Ocean City, N.J. boardwalk and one in Somers Point, N.J.

Charles Bangle pleaded guilty to evading taxes on his 2010 personal tax returns. In fact, he failed to report $263,113 in taxable income, avoiding $91,577 in taxes, the U.S. Attorney’s Office said. He also pleaded guilty to structuring financial transactions in 2011 to avoid reporting requirements, the U.S. Attorney’s Office said.

He also admitted to making cash deposits in increments of less than $10,000 to prevent his bank from filing a currency transaction report with the U.S. Department of Treasury.

Mary Bangle pleaded guilty to knowingly making materially false statements to IRS special agents during a May 30, 2012 interview.

“Mary Bangle falsely stated that, when cash receipts came into the business, she only retained enough to pay that week’s payroll and some bills, when in fact she retained cash receipts for her personal use. Mary Bangle also lied to agents about the amount of cash deposited into her personal banking account, which was substantially more that the net pay listed on her W-2 forms issued by Manco and Manco Pizza,” the U.S. Attorney’s Office said.

The couple was arrested in April 2014 at their Somers Point home and originally charged with 30 counts of tax evasion.