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Former agent gets jail time

Feds claim he concealed assets

CRANBERRY TWP — A former Butler County real estate agent was sentenced Wednesday to federal prison.

Gregory Makozy, who previously owned A1 Mortgage in the township and had a home on Freedom Road, was sentenced to 30 months in prison for one count of concealing more than $1 million in bankruptcy assets.

He was sentenced by U.S. District Judge Arthur Schwab and was also ordered to pay back $48,260 in restitution as part of his plea agreement.

Makozy in 2013 listed about $1,300 in assets and $385,000 in liabilities, according to the sentencing memorandum.

However, authorities said he initiated transactions that were not disclosed during his bankruptcy schedules. These include the June 2012 sale of his $1 million Blackstone Ridge Drive home in Adams Township that netted him more than $505,000 after costs and liens and a $54,000 Aston Martin vehicle to his wife, which was sold in 2014.

“Makozy is an opportunist who manipulated employees and was willing to put others including his spouse and son into precarious and potentially criminal territory in his desperate ruse,” said U.S. Attorney David Hickton in the memorandum.

Makozy also sold his commercial property on Freedom Road in Cranberry for $780,000 to an entity called “KAG Enterprises,” authorities said.

Along with that, authorities said he transferred another property on Dobson Road in Adams Township in 2012 as a gift to his son. Makozy sold the property for $325,000 in 2015, netting him $125,000.

In January 2013, Maria Makozy, using her maiden name of Maria Salvati, allegedly used money from the sale of the Butler County property to buy a home in Port St. Lucie, Fla., for $350,000, according to court documents.

Maria Makozy is not charged in the bankruptcy case. However, she is indicted on 28 counts of mail fraud. She is also accused of embezzling about $11,000 from Keymax Settlement Services to pay for her personal credit card debt in 2013 and 2014.

The couple pleaded guilty to the crimes. However, Maria Makozy received probation.

This isn’t the first time Gregory Makozy has been in trouble with the law.

In 1995, he was convicted on multiple counts of theft. He was sentenced to 11½ to 23 months imprisonment and five years’ probation.

In 1996, he pleaded guilty to embezzlement of $65,150 as a branch manager at First National Bank. He was sentenced to 21 months imprisonment and five years’ supervised release.

“The fraud committed by (Gregory) Makozy in this scheme along with his two prior convictions truly revealed the contemptible character of the defendant,” Hickton said.

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