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Home / Diet / Father-son owners of River Grove restaurant charged with tax evasion for allegedly hiding cash

Father-son owners of River Grove restaurant charged with tax evasion for allegedly hiding cash

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The daddy-and-son owners of a most in trend Italian restaurant in west suburban River Grove were charged with evading federal earnings taxes by failing to file a total bunch of hundreds of greenbacks in cash receipts.
Luciano Libreri, sixty seven, and his son, Ignazio, 36, who together accept as true with Da Luciano Pizza and Pasta, were every charged in a prison recordsdata with one prison depend of tax fraud, court recordsdata advise.
Defendants charged by recordsdata on the general conception to plead responsible.
The charge alleges that between not not as a lot as 2010 and 2013, the Libreris “concealed almost all of the cash receipts” the restaurant had easy every twelve months from their accountant.
In step with that unfounded reporting, the accountant then filed tax returns that underestimated the restaurant’s mistaken receipts by a total bunch of hundreds of greenbacks every twelve months, the certainty alleged.
In 2012, as an illustration, the restaurant claimed to have mistaken receipts of $897,000 when the comely quantity used to be “considerably” higher, the certainty acknowledged. The total quantity of the alleged fraud used to be not contained within the prices.
Reached by phone at the restaurant Tuesday, Ignazio Libreri referred inquiries to the family’s prison legitimate, Michael Monico, who talked about that the Libreris have cooperated with prosecutors and “quiz to resolve the case quick of trial.”
“They are pretty folks that for years have speed an finest restaurant,” Monico talked about.
In step with a Tribune article in November, Luciano and Ignazio Libreri opened Da Luciano in 2003. The comfy double storefront on Huge Avenue in River Grove has a busy pizza counter in front and colossal major eating room subsequent door and is assumed for its gluten-free menu.
Luciano immigrated to the U.S. from Caccamo, Sicily, in 1969. Earlier than opening Da Luciano, he co-owned the liked La Gondola restaurant in Chicago’s Lakeview neighborhood.
jmeisner@chicagotribune.com
Twitter @jmetr22b
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