Dearborn Office Manager Pleads Guilty to Embezzlement and Tax Charges
| U.S. Attorney’s Office July 28, 2011 |
Tracy McInchak, 39, of Dearborn, Michigan, pleaded guilty today to an indictment charging her with embezzlement and making a false statement on a federal tax return, U.S. Attorney Barbara L. McQuade announced today.
U.S. Attorney McQuade was joined in the announcement by U.S. Federal Bureau of Investigation Special Agent in Charge Andrew Arena and IRS Criminal Investigation Special Agent in Charge Erick Martinez.
According to court documents, form August 2004 until March 2010, McInchak, an office manager at WY-Campbell, an investment bank in Detroit, Michigan, embezzled approximately $462,000 by writing corporate checks to herself and to credit card companies to pay personal expenses. Over the six-year period, checks were created for up to $6,000, several times a month. She also knowingly failed to report over $224,000 of her embezzled monies on her 2009 federal income tax return.
“No matter what the source, all income is taxable,” said IRS Criminal Investigation Special Agent in Charge Erick Martinez. “The prosecution of individuals who willfully take from others, what is not theirs, will get the full attention of the IRS Criminal Investigation Division.”
Embezzlement carries the maximum penalty of 30 years’ imprisonment and a fine of $1 million. Making a false statement on a federal tax return carries the maximum penalty of three years’ imprisonment and a fine of $100,000.
McInchak is scheduled to be sentenced in Detroit on December 6, 2011, at 2:00 pm, before United States District Court Judge Robert H. Cleland.
The case was investigated by special agents of the FBI and IRS Criminal Investigation. The case is being prosecuted by Assistant U.S. Attorney Barrington Wilkins.