DA: Great Neck Man Steals $135K in Tax Revenue From Employees

William McCoy, 50, faces grand larceny, tax fraud charges regarding Uniondale consulting firm.

A grand jury has charged a Great Neck man with grand larceny and tax fraud after he stole more than $135,000 in tax revenue that had been withheld from the employees of his Uniondale consulting firm, Nassau District Attorney Kathleen Rice announced Thursday. 

In a news release, Rice said between January 2005 and December 2011, William McCoy, 50, the owner of Uniondale-based McCoy Consultants LTD stole the money owed to the New York State Department of Taxation and Finance that had been withheld from as many as 24 employees depending on the tax year. 

McCoy is charged with second degree grand larceny and criminal tax fraud in the third and fourth degrees. He faces up to 15 years in prison if convicted. He was released on his own recognizance yesterday and is due back in court Feb. 27.

“Tax revenue pays for our schools, infrastructure, and countless services that affect the lives of millions of New Yorkers, and those who steal that money victimize every one of us,” Rice said. “I will continue to work with state agencies to investigate, arrest, and prosecute tax cheats and ensure that everyone pays their fair share.”

McCoy Consultants is a full-service business consulting firm serving religious, non-profit, and small business entities. It serves more than 380 organizations throughout the United States and Canada.

“The defendant, who has practiced as a tax consultant, must have known he was breaking the law, and now must pay the price for doing so,” said Thomas H. Mattox, Commissioner of the New York State Department of Taxation and Finance.

Assistant District Attorney Kellie McKenna of the DA’s Economic Crimes Bureau is prosecuting the case.

McCoy is represented by Peter Tomao, Esq. and Michael Annibale, Esq. 


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »