Former Metro Employee of Trust Bank Sentenced to Serve 30 Months in Federal Prison for $2.3 Million Embezzlement and False Federal Income Tax Return
Oklahoma City, Oklahoma – DEANGELO ANTOINE McDANIEL, of Oklahoma City, Oklahoma, and TORIE L. ADKINS, of Edmond, Oklahoma, pleaded guilty yesterday to preparing and submitting a false income tax return to the IRS, announced Mark A. Yancey, United States Attorney for the Western District of Oklahoma.
At his plea hearing before the Honorable Robin Cauthron, Mr. McDaniel admitted that as a tax preparer, he prepared and submitted to the IRS a fraudulent tax return for the 2012 calendar year on behalf of Ms. Adkins. He also admitted he submitted two fabricated Form W-2s: one listing wages in the amount of $7,680.00 from Express Services, and another listing wages in the amount of $7,800.00 from OnTrack Staffing. Mr. McDaniel further admitted he knew Ms. Adkins never worked at either Express Services or OnTrack Staffing and that she earned no wage income in 2012. Ms. Adkins also pleaded guilty for her role in the offense. Pursuant to their respective plea agreements, both Mr. McDaniel and Ms. Adkins agreed that they caused losses between $40,000.00 and $100,000.00 to the IRS, and further agreed to pay restitution in an amount to be determined by the Court.
At sentencing, Mr. McDaniel and Ms. Adkins both face up to three years of imprisonment, a $250,000.00 fine, and one year of supervised release.
This case is the result of an investigation by IRS, Criminal Investigations. It is being prosecuted by Assistant U.S. Attorney Julia E. Barry.