User Login    
 + Register
PDQ Cleaning
News : Chillicothe Couple Indicted On Charges Of Fraud
Posted by Randy on 2014/1/29 4:30:00 (1565 reads) News by the same author

A Chillicothe husband and wife were indicted by a federal grand jury Wednesday for filing a false income tax return by not claiming the income from a wire fraud scheme in which the wife embezzled nearly $4 million from her employer, Burdg, Dunham & Associates Construction Corp. in Hamilton.
Click to see original Image in a new window

Sixty-year old Donna Preszler, and her husband, 63-year old Terrance W. Preszler, both of Chillicothe, were charged in a 21-count indictment returned by a federal grand jury in Kansas City.

Wednesday's superseding indictment replaces a federal indictment that was returned on June 20, 2013, and adds the husband as a defendant in one count of making a false income tax return.

Donna Preszler was employed at Burdg, Dunham & Associates (BDA) from 2001 until June 2012, working as an accounting manager since 2004. BDA is a general contractor specializing in retail construction of malls, strip centers, family life centers, and other stand-alone projects. BDA serves customers in all 50 states, Puerto Rico and Canada, primarily building for national retail organizations.

The indictment alleges that Preszler embezzled $3,912,000 in a wire fraud scheme from June 30, 2006 through June 15, 2012. Preszler allegedly used her employer’s accounting software to create payroll data files that contained unauthorized false and fictitious payments to her bank accounts and others.

The indictment alleges that Donna and Terrance Preszler failed to report the fraudulently obtained funds on their federal income tax returns for tax years 2007 through 2012. During that time, according to the indictment, the Preszlers should have paid $1,236,690 in taxes on their unreported fraudulent income from BDA.

For example, according to today’s indictment, the Preszlers claimed their income in 2012 was only $46,863. Including the embezzled funds, the indictment says, their income was actually $851,863 and they should have paid an additional $253,641 in taxes.

The federal indictment charges Donna Preszler with six counts of wire fraud and 14 counts of money laundering.

Donna Preszler allegedly utilized her role as accounting manager to add false and fictitious non-taxable pay, such as expense reimbursements to herself. Over a six-year period, the indictment says, Donna Preszler transferred approximately $3,912,000 in false and fictitious payments to herself and her family.

Donna Preszler also added false and fictitious overtime hours and overtime pay to her weekly payroll, the indictment says. Donna Preszler allegedly initiated approximately $76,000 in unauthorized overtime payments to herself from November 2004 through June 2006, which were subject to BDA withholding income taxes.

Donna Preszler concealed her transfers by password protecting her payroll information, creating false and fictitious expense accounts and otherwise manipulating BDA’s payroll and accounting records.

The indictment also contains a forfeiture allegation, which would require Preszler to forfeit to the government any property derived from the proceeds of the alleged violations, including a money judgment of $3,912,000, two residential lots, two 14kt diamond rings, 10 vehicles (a 2007 Ford Taurus, a 2007 Mazda CX-7, a 2011 Nissan Versa, a 2010 Nissan 370Z, a 2011 Ford F150, a 2010 Ford F150, a 2010 Ford Escape, a 2012 Ford Explorer and a 2012 Nissan Rogue), three 2011 Yamaha ATVs and several bank accounts and funeral trust accounts. Most of those items have been seized by law enforcement agents.

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2015/6/30 6:31:13 - Mosaic To Offer Reduced Cost Sports Physicals
2015/6/30 4:47:08 - Son Arrested After Argument Over Spoiled Meat
2015/6/30 4:34:11 - Woman Gives Birth Alone On Back Road, Is Stranded With Newborn For Three Days
2015/6/30 4:21:04 - Man In Custody After Moberly Police Chase
2015/6/30 4:16:46 - Officer Crashes Into Home When Responding To What Turned Out As Prank Call
2015/6/30 4:10:10 - Missouri Man Sentenced To 6 Years In Synthetic Pot Case
2015/6/30 4:04:35 - Daycare Worker Arrested For Battery On 1-Year-Old
2015/6/29 7:40:02 - Rotary To Sponsor Exchange Student
2015/6/29 7:23:50 - Sullivan County Crowns Fair Queen
2015/6/29 6:36:20 - Fire Damages Trenton Residence
2015/6/29 6:32:09 - Saturday Accident At 13th And Cedar In Trenton Involves Gallatin And Trenton Residents
2015/6/29 4:51:25 - As Many As 16 Inured By Lightning Strike; Dog Killed
2015/6/29 4:39:47 - Air Show Continued After Tragedy
2015/6/29 4:35:18 - Missouri Trooper Shoots Suspect After I-70, U.S. 54 Pursuit
2015/6/29 4:20:00 - USDA Proposes Healthier Food For Child, Adult Day Cares
2015/6/29 4:15:22 - St. Louis' Minimum Wage Hike May Be Dead After Aldermanic Surprise
2015/6/29 4:09:35 - Man Convicted Of Sodomy With Child Commits Suicide
2015/6/29 4:00:14 - Good Samaritan Allows Woman To Hear Her Husband"s Voice Before He Dies
2015/6/29 4:00:00 - Poplar Bluff Granted Order Of Protection Against Sheriff's Department
2015/6/26 6:32:50 - 4 Injured When Vehicles Collide At Utica Intersection
2015/6/26 5:27:31 - Missouri State Fair Competition Deadline Approaching
2015/6/26 4:36:34 - National Guard Truck Crashes Into Overpass
2015/6/26 4:32:27 - Former Moberly School Bus Driver Pleads Guilty To Sex Crimes
2015/6/26 4:25:47 - Nitrogen Timing Critical In Wet Years
2015/6/26 4:17:06 - Grandmother Charged In Murder For Hire Plot Of Former Son-In-Law
2015/6/26 4:11:09 - North Central Missouri Fair Expands For 2015 Run
2015/6/25 8:55:07 - Chillicothe Firefighters Respond To Fire At Powerplant
2015/6/25 8:49:41 - Supreme Court Upholds Nationwide Health Care Law Subsidies
2015/6/25 7:55:31 - Stolen ATV Leads To Big Tow Fees For Victim
2015/6/25 7:51:56 - Missouri Woman Charged With Murder After Shoe Argument Turns Violent



Bookmark this article at these sites

                   

Listen to KTTN-FM