The owners of Ocean City’s popular Boardwalk pizza chain Manco & Manco pleaded not guilty Monday to multiple counts of tax evasion.
Chuck and Mary Bangle were arrested April 3 by Internal Revenue Service special agents. They face a 30-count indictment that alleges they concealed approximately $981,000 in income from the IRS, according to U.S. Attorney Paul J. Fishman.
An arraignment includes a formal reading of charges and entering of the defendants’ plea. The Bangles are free on $100,000 bail as they await the continuation of the judicial process.
Each of the 30 counts of the indictment carries a maximum potential penalty of five years in prison and a $250,000 fine.
Manco & Manco has three locations on the Ocean City Boardwalk and another on the mainland in Somers Point. For most of the iconic chain’s 58-year history in Ocean City, visitors knew the spot as Mack & Manco. Anthony Mack and Vincent Manco founded the chain in 1956. The partnership between the two families ended and the name changed in 2011. Chuck Bangle, the son-in-law of former co-owners Frank and Kay Manco, purchased a controlling interest at that time.
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