Auto Group Execs Admit to False Tax Report Featured

By Staff Writer August 01, 2018

Two executives from a New York auto group pleaded guilty to filing false tax reports.


Harold Bendell and Bruce Bendell, the former senior managers of Major Automotive Companies Inc., doing business as Major World, pleaded guilty to filing a false corporate tax return for the calendar year 2009 that underreported income and inflated expenses in order to avoid paying the proper taxes owed. 


The Queens-based Major World operated automobile dealerships in Queens, New York, and throughout the New York Metropolitan area. 


Prior to their guilty pleas, the defendants paid over $3,888,267 in restitution to the Internal Revenue Service and resigned from Major World.


As stated in the charging and plea documents, both defendants filed a corporation tax return Form 1120 in August 2010 for the calendar year 2009 that failed to report approximately $1,417,814 in gross receipts that Major Automotive had received and approximately $2,116,000 in cash payroll expense for which Major Automotive did not pay payroll taxes.


When sentenced, each defendant faces a maximum of three years in prison.

Last modified on Wednesday, 01 August 2018 13:32

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