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Prosecutors: Jersey Shore Pizzeria Owners Skimmed Nearly $1M, Lived Lavishly

OCEAN CITY, N.J. (CBSNewYork/AP) -- Federal prosecutors claim the owners of a chain of landmark Jersey shore pizza places used money they allegedly hid from the government to maintain a lavish lifestyle, according to court documents filed in the case.

Manco and Manco owners Charles and Mary Bangle are accused of skimming $981,459 from their three Ocean City Boardwalk stores over a five-year period and of failing to pay $336,273 in taxes.

The government claims the couple took the money from the strictly cash business, which generates in excess of $4.5 million a year.

The couple told the IRS in May 2012 they live a modest lifestyle, court documents say. They maintain their innocence, and their lawyers are seeking the dismissal of most of the charges included in a 30-count indictment handed up last year.

Citing court documents, The Press of Atlantic City reported that federal investigators traced $770,000 of the unreported funds to credit card charges for personal living expenses.

(TM and © Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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