Matthew Tucci pleads guilty to tax evasion in Monmouth County
By: Erin Vogt | Published: 2025-06-04 22:57:00 | Source: nj1015.com
🔹Owed $2M in taxes
🔹Instead, bought $7.6M in real estate
🔹Faces possible prison term
A 52-year-old Monmouth County man who is also the son of a longtime Shore town mayor has pleaded guilty to federal tax evasion.
Matthew Tucci, of West Long Branch, owed more than $2 million in taxes for 2015 and 2016, combined.
He owed that after receiving $11.4 million from “purported refunds” through Denmark’s government tax agency, which is similar to the U.S. Internal Revenue Service, according to his federal indictment last year.
He was indicted by a federal grand jury in Trenton in April 2024.
Instead of fully paying the U.S. taxes owed, Tucci bought more than $7.6 million-worth of real estate and then tried to hide his ownership of the assets.
Tucci continued to…