A Texas man was sentenced today to 30 months in prison for embezzling funds from his employer and filing a false tax return.

According to court documents, beginning in April 2010 through October 2017, Steven Marquez of Hutto, embezzled more than $700,000 from his employer, an Austin-based property management company, while serving as head of its bank reconciliation team. To conceal the embezzlement, Marquez altered his employer’s corporate bank statement by deleting his transfers and making it appear as if the statements reconciled with company records. Marquez filed a false tax return for 2017 that did not report as income the embezzled funds he took that year. 

Marquez was also ordered to serve three years of supervised release and to pay $188,493 in restitution to the United States and an additional $704,262 in restitution related to his embezzlement.

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