Monmouth county, n.J., telecommunications executive sentenced to three months in prison for false income tax returns
FOR IMMEDIATE RELEASE
December 4, 2012
TRENTON, N.J. – The controller and operator of a New York telecommunications business was sentenced today to three months in prison for filing false personal federal income tax returns, U.S. Attorney Paul J. Fishman announced.
Steven Imburgio, 50, of Holmdel, N.J., previously pleaded guilty 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. Judge Wolfson imposed the sentence today in Trenton federal court.
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.
In addition to the prison term, Judge Wolfson sentenced Imburgio to one year of supervised release, which includes seven months of home confinement.
U.S. Attorney Fishman credited special agents of IRS–Criminal Investigation, under the direction of Acting Special Agent in Charge Shantelle P. Kitchen, with the investigation leading to today’s sentence.
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.