Mark Angarola
| Mark Angarola | |
|---|---|
| Born: | |
| Charges: | Wire fraud conspiracy (1 count), Tax evasion (1 count) |
| Sentence: | 38 months federal prison, 3 years supervised release |
| Facility: | |
| Status: | Sentenced |
Mark Angarola is an American former technology executive from Point Lookout, New York. He was a senior account manager at an information technology services firm. For roughly nine years he ran an embezzlement scheme that stole about $8.3 million from his employer. He pleaded guilty to wire fraud conspiracy and tax evasion. On December 18, 2025, U.S. District Judge Dale E. Ho sentenced him to 38 months in federal prison.[1]
Angarola held the title of global account general manager. He managed his employer's relationship with one large client, a subsidiary of a global financial institution. He used that position to bill personal expenses to the company and to place his wife, friends, and his own assistant in no-show jobs. The fraudulent expenses ran from May 2010 through February 2019. They included restaurant meals, hotel stays, a cruise, transportation, and visits to gentlemen's clubs.[2]
He also failed to report the stolen money on his taxes. Over four years he evaded about $668,000 in federal taxes. For two of those years he filed no return at all. The court ordered him to forfeit $2,679,445.26 and to pay restitution of $9,023,444.96.[1]
Background
Angarola lived in Point Lookout, a small community on the Long Island shoreline in Nassau County, New York.[1] He worked in the information technology services sector. By 2010 he had risen to a senior management role at an IT consultancy. His title was global account general manager.[2]
The job put him in charge of one client account. That client was a subsidiary of a global financial institution.[2] Angarola approved invoices and expense claims tied to the account. The IT consultancy paid those costs and passed them through to the client. He controlled which charges were approved. That authority became the center of the fraud.[1]
The IT consultancy was not named in court filings. A New Jersey subcontractor handled staffing on the account. Angarola directed that subcontractor on who to hire and which expenses to pay.[2]
The Embezzlement Scheme
The scheme ran from approximately May 2010 through February 2019. Over that span it caused a loss of more than $8 million.[1] Prosecutors put the total embezzlement figure at about $8.3 million.[1]
The fraud had two parts. The first was no-show jobs. Angarola arranged for the subcontractor to put people on the payroll who did no IT work. The people he placed included his wife, several friends, and his executive assistant. Their backgrounds did not match the work. The group included a schoolteacher, a homemaker, a police sergeant, and a manager from the construction industry. None had the qualifications to perform information technology work.[2] They drew paychecks the client funded.[1]
The second part was personal expenses billed as business costs. Angarola approved invoices for charges that had nothing to do with the account. The charges covered restaurant meals, hotel stays, a cruise, and private car service. They also covered visits to gentlemen's clubs.[2] The IT consultancy paid the bills. The client absorbed the cost.[1]
Federal prosecutors charged five people in the scheme in January 2024. The group included Angarola, his wife Allison Angarola, his friend Jose Garcia, Garcia's wife Michelle Cox, and his assistant Lisa Mincak. Garcia controlled several corporate and limited liability entities that received money from the scheme.[2] Court filings traced individual gains. Garcia took the largest share at roughly $4.7 million. Angarola took about $1.5 million directly. Allison Angarola took $751,641, Cox took $335,500, and Mincak took $88,793.[2]
Tax Evasion
Angarola did not declare the money he took from the scheme. The stolen funds were income. He hid them from the Internal Revenue Service.[1]
The tax evasion spanned four years. Across those years he evaded about $668,000 in federal taxes.[1] For two of the four years he filed no tax return. He paid no federal income tax for those years at all.[1]
Charges and Sentencing
A grand jury in the Southern District of New York returned charges in the case. Five defendants were arrested in January 2024.[2] Angarola pleaded guilty to wire fraud conspiracy and tax evasion.[1]
U.S. District Judge Dale E. Ho sentenced Angarola on December 18, 2025. The sentence was 38 months in federal prison. It included three years of supervised release to follow.[1]
The court also imposed financial penalties. Angarola was ordered to forfeit $2,679,445.26. He was ordered to pay restitution of $9,023,444.96.[1]
U.S. Attorney Jay Clayton announced the sentence. The investigation was handled by IRS Criminal Investigation, New York Field Office; the Federal Bureau of Investigation, New York Field Office; and the U.S. Department of Labor, Office of Inspector General, Northeast Regional Office.[1]
Frequently Asked Questions
Q: Who is Mark Angarola?
Mark Angarola is a former technology executive from Point Lookout, New York. He was a global account general manager at an IT services firm. He pleaded guilty to wire fraud conspiracy and tax evasion after running a multiyear embezzlement scheme at the company.
Q: What did Mark Angarola do?
Angarola used his management position at an IT services company to steal about $8.3 million. He billed personal expenses to the company and placed his wife, friends, and assistant in no-show jobs over roughly nine years. He also evaded about $668,000 in federal taxes.
Q: How long is Mark Angarola's sentence?
U.S. District Judge Dale E. Ho sentenced Angarola on December 18, 2025, to 38 months in federal prison, followed by three years of supervised release.
Q: How much did Mark Angarola steal?
The embezzlement scheme caused a loss of more than $8 million, with prosecutors citing a figure of about $8.3 million. He was ordered to pay restitution of $9,023,444.96 and to forfeit $2,679,445.26.
Q: What was Mark Angarola charged with?
Angarola pleaded guilty to one count of wire fraud conspiracy and one count of tax evasion in the U.S. District Court for the Southern District of New York.
Q: How did the embezzlement scheme work?
Angarola approved fraudulent invoices and expenses that his employer paid, and he arranged for unqualified people, including a schoolteacher, a homemaker, a police sergeant, and a construction manager, to be hired into no-show jobs. The fraudulent expenses included meals, hotels, a cruise, transportation, and gentlemen's clubs.
Q: Where is Mark Angarola incarcerated?
Court records and the Department of Justice announcement did not identify the specific federal facility designated for Angarola. The Bureau of Prisons assigns facilities after sentencing.
References
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 "Tech company executive sentenced to prison for multimillion-dollar embezzlement scheme and tax evasion". Internal Revenue Service, Criminal Investigation. Retrieved 2026-06-03.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 "Five charged with fraud over $7M+ in alleged bogus expenses".Mann, Tobias.The Register.2024-01-19.Retrieved 2026-06-03.