States Attorney's Office District of Connecticut
|January 8, 2010||
SOUTHINGTON MAN ADMITS SUPPLYING FALSE IDENTIFYING INFORMATION WHEN CASHING CHECKS
Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that LEO DELMARO, also known as “Leo Romano,” 53, of Southington, waived his right to be indicted and pleaded guilty today before Senior United States District Ellen Bree Burns in New Haven to one count of causing a domestic financial institution to file a Currency Transaction Report containing a material misstatement of fact.
Federal law requires all financial institutions to file a Currency Transaction Report (CTR) for currency transactions that exceed $10,000. According to court documents and statements made in court, between approximately June 28, 2003 and October 27, 2008, DELMARO, using the name Leo Romano and a social security number that was not assigned to him, caused a check cashing business to file approximately 130 CTRs containing those material misstatements of fact.
For example, on March 19, 2007, DELMARO cashed checks totaling $75,113 at the check cashing business, using the different name and social security number. The check cashing business then used these false statements when filing the required CTR with the Internal Revenue Service.
Judge Burns has scheduled sentencing for March 29, 2010, at which time DELMARO faces a maximum term of imprisonment of five years and a fine of up to $250,000. DELMARO also has agreed to forfeit $150,000 to the Government. The money was seized during the course of the investigation.
This case was investigated by the Internal Revenue Service – Criminal Investigation Division and is being prosecuted by Assistant United States Attorney James G. Genco.
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