Local real estate investment ‘mogul’ crashes and burns

Tanya Marchiol (right) on HGTV's Bang for your Buck
Tanya Marchiol (right) on HGTV’s Bang for your Buck

By Robert Anglen | The Republic | azcentral.com

A self-described graduate from the “new school of self-made moguls” pleaded guilty last week to three counts of tax evasion.

Phoenix real estate investor Tanya Marchiol pre-empted the start of her trial on money-laundering and tax-evasion charges by admitting she didn’t pay taxes on $1.4 million in income between 2008 and 2010.

Marchiol admitted guilt without a written plea agreement during a pre-trial conference Thursday. That prompted U.S. District Court Judge Susan Bolton to delay the jury trial two days, until Nov. 6.

Continued:

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