Former Major World Execs Admit Tax Fraud

Former Major World Execs Admit Tax Fraud

Photo Courtesy of the Pheffer Amato campaign

Assemblywoman Pheffer Amato will be seeking re-election to the 23rd Assembly District seat, which covers Howard Beach, Ozone Park, the Rockaway Peninsula, and Broad Channel.

By Forum Staff
Two former senior managers of the borough-based Major World auto dealerships pleaded guilty on Thursday to filing a false corporate tax return for the calendar year 2009 that underreported income and inflated expenses in order to avoid paying the proper taxes owed, according to federal prosecutors.
Prior to their guilty pleas, brothers Harold Bendell, 69, and Bruce Bendell, 64, paid more than $3,888,267 in restitution to the Internal Revenue Service and resigned from Major World, authorities noted.
According to charging and plea filings, on or about August 10, 2010, the Bendell brothers filed a corporation tax return Form 1120 for the calendar year 2009 that failed to report approximately $1,417,814 in gross receipts that Major World had received, and approximately $2,116,000 in cash payroll expense for which Major World did not pay payroll taxes.
“This great country of ours relies on a tax system based on voluntary compliance,” said IRS-Criminal Investigation NY Special Agent-in-Charge James Robnett. “Harold and Bruce Bendell took unlawful advantage of the system that financially impacts all Americans.”
Harold Bendell lives in Englewood Cliffs, N.J., while Bruce resides in Roslyn, N.Y. When sentenced, each defendant faces a maximum of three years in prison.


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