News and Press Releases

Holmdel, n.J., telecommunications executive pleads guilty, admits to filing false personal income tax returns

March 13, 2012


TRENTON, N.J. – The controller and operator of a New York telecommunications business admitted today to filing false personal federal income tax returns, U.S. Attorney Paul J. Fishman announced.

Steven Imburgio, 50, of Holmdel, N.J., pleaded guilty today before U.S. District Judge Freda L. Wolfson to an Information charging him with one count of making and subscribing to a 2004 federal income tax return to the IRS that he did not believe to be true.

According to documents filed in this case and statements made in court:

Imburgio admitted he controlled and operated Americom USA, a telecommunications business in New York, and that he under-reported his gross receipts from his business activities on his 2004, 2005, and 2006 personal income tax returns, resulting in a tax loss to the United States of between $80,000 and $200,000. As part of his plea agreement, Imburgio must repay back taxes – which the government contends total approximately $198,000 – plus penalties and interest to the IRS.

The charge to which Imburgio pleaded guilty carries a maximum potential penalty of three years in prison and a $250,000 fine. Sentencing is currently scheduled for June 22, 2012.

U.S. Attorney Fishman credited IRS–Criminal Investigation, under the direction of Acting Special Agent in Charge JoAnn Zuniga, with the investigation leading to today’s guilty plea.

The government is represented by Assistant U.S. Attorney John E. Clabby of the U.S. Attorney’s Office Criminal Division in Trenton.


Defense counsel: Robert G. Stahl Esq., Westfield, N.J.

Imbruglio, Steven Information

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