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. Legal professional Brent Venneman prosecuted the case in opposition to 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), Prison Investigations.
Missouri man pleads responsible to embezzlement
Marquardt had been working for his employer in an government director function, with entry to the corporate’s information, monetary accounts, and experiences, for greater than twenty years.
Justin R. Marquardt (Nevada, MO) pleaded responsible to fraud scheme during which he embezzled approx. $1.5 million from his employer and failing to reveal the embezzled funds as earnings on tax returns. https://t.co/noYlTxloU2 @FBIKansasCity @IRS_CI
— U.S. Legal professional 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, introduced earlier than U.S. District Decide Greg Kays, successfully sealed his involvement in a single depend of wire fraud and one depend 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 depend and as much as 3 years’ imprisonment on the submitting a false tax return depend,” in line with the U.S. Attorney’s Office.
Marquardt’s misdeeds funded a lifetime of luxurious
The investigative report from the IRS and FBI confirmed that Marquardt was not adhering to america’ strict earnings tax reporting guidelines.
In accordance with the report, the Missouri man submitted experiences for years “2017 – 2020 and 2023, Marquardt filed United States federal earnings tax returns on Varieties 1040 during which he willfully did not report his embezzled earnings.”
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 a substitute hidden beneath totally 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 features produced from the embezzlement.
Marquardt will now await a sentencing listening to date after a presentence investigation by america Probation Workplace.
The IRS and the FBI are devoted to shutting down embezzlement to fund playing and have been energetic all through 2025. As we reported, an Arizona CEO embezzled millions 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 sport looking journeys, pay a major different, and spent “a major sum” whereas playing.
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