A person from Missouri has pleaded responsible to embezzling firm funds to pay for a lifetime of luxurious, together with on-line and on line casino playing.
Assistant U.S. Lawyer Brent Venneman prosecuted the case towards Justin R. Marquardt from Nevada in Vernon County, Missouri, after a prolonged investigation by the Federal Bureau of Investigation (FBI) and the Inner Income Service (IRS), Felony Investigations.
Missouri man pleads responsible to embezzlement
Marquardt had been working for his employer in an government director position, with entry to the corporate’s data, monetary accounts, and reviews, for greater than twenty years.
Justin R. Marquardt (Nevada, MO) pleaded responsible to fraud scheme through which he embezzled approx. $1.5 million from his employer and failing to reveal the embezzled funds as revenue on tax returns. https://t.co/noYlTxloU2 @FBIKansasCity @IRS_CI
— U.S. Lawyer WDMO (@USAO_WDMO) August 27, 2025
From 1994 to 2023, Marquardt would go on to embezzle $1.5 million from his employer in a litany of unrecorded and unregistered transfers. His responsible plea, offered earlier than U.S. District Decide Greg Kays, successfully sealed his involvement in a single rely of wire fraud and one rely of submitting a false tax return.
He faces “a sentence of as much as 20 years in federal jail with out parole on the wire fraud rely and as much as 3 years’ imprisonment on the submitting a false tax return rely,” in line with the U.S. Lawyer’s Workplace.
Marquardt’s misdeeds funded a lifetime of luxurious
The investigative report from the IRS and FBI confirmed that Marquardt was not adhering to the US’ strict revenue tax reporting guidelines.
In line with the report, the Missouri man submitted reviews for years “2017 – 2020 and 2023, Marquardt filed United States federal revenue tax returns on Types 1040 through which he willfully didn’t report his embezzled revenue.”
He used his employer’s accounts to ferry funds to his private financial institution accounts, and wrote unauthorized cheques within the title of enterprise accounts linked to his employer’s holdings.
Not one of the transactions from the corporate’s QuickBooks ledger have been reported and have been as an alternative hidden below completely different bills by Marquardt. This was meant to hide his actions and mislead an organization tax preparer and accountant.
These private bills included luxurious objects, journey, and a plethora of on-line and in-person on line casino playing with the positive aspects made out of the embezzlement.
Marquardt will now await a sentencing listening to date after a presentence investigation by the US Probation Workplace.
The IRS and the FBI are devoted to shutting down embezzlement to fund playing and have been lively all through 2025. As we reported, an Arizona CEO embezzled thousands and thousands to gas a playing behavior earlier this month (August 2025).
He was reported to have benefited from an Worker Retirement Earnings Safety Act (ERISA) plan to the tune of $2.4 million. For practically a decade, he had skimmed the funds to go on huge recreation searching journeys, pay a big different, and spent “a big sum” whereas playing.
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