Nassau County District Attorney Kathleen Rice said that the Queens owner of two Great Neck auto body repair shops pleaded guilty today to larceny charges stemming from failure to pay $335,000 in taxes to New York State.
Joseph Caraccia, 65, of Whitestone, pleaded guilty today to Petit Larceny (a class A misdemeanor). His two Great Neck companies, Auto Bodyworks of 275 East Shore Road and Auto Body Works II of 300 East Shore Road, each pleaded guilty to the top count of Grand Larceny in the 2nd Degree (a class C felony).
Caraccia and his companies have agreed to pay restitution in the amount of $335,000 to the New York State Department of Taxation and Finance (NYSDTF) – half due Feb. 3 and the other half upon sentencing before Judge Susan Kluewer on May 22.
“When a company or an individual fails to remit taxes, it’s a crime against all New Yorkers,” DA Rice said. “By pocketing this money, Mr. Caraccia took funding away from services that any resident of Long Island or beyond could rely upon. I’m glad we were able to restore this money to the people of New York and will continue to aggressively prosecute crimes against the taxpayer.”