Anthony J. Borrelli Press Release (Guilty Plea)

February 2, 2004
For Immediate Release

FORMER TAX PREPARER PLEADS GUILTY TO FALSIFYING INCOME TAX RETURNS FOR CLIENTS

St. Louis, Missouri: A former tax preparer pled guilty this morning to charges of falsifying income tax returns for clients, United States Attorney Ray Gruender announced today.

This case was investigated by the Internal Revenue Service, Criminal Investigation Division. Assistant United States Attorneys Steven Muchnick and John Bodenhausen are handling the case for the U.S. Attorney’s Office.

ANTHONY J. BORRELLI, 44, of Lost Dutchman Drive, St. Peters, Missouri, pled guilty to two felony counts of aiding and assisting in the preparation of false income tax returns. He appeared this morning before Chief United States District Judge Carol E. Jackson.

Borrelli now faces a maximum penalty of three years in prison and/or a fine of $250,000, per count. Sentencing has been set for April 23, 2004.

According to the facts filed with the court, during 1996 and 1997 Borrelli was a tax preparer in the business of filing federal income tax returns for individuals for the tax years 1994, 1995 and 1996. The returns which Borrelli prepared for his clients for 1994 and 1995 were amended returns. Many of the returns which he prepared for the tax years 1994, 1995 and 1996 contained false information, which was material to the determination of the amount of income tax owed to the IRS by the taxpayers. This false information included false medical and dental expenses, false gifts to charity and false employee business expenses, among others. The false information which Borrelli caused to be included on such returns was intended to cause the IRS to send his clients larger income tax refunds than they would have been entitled to receive. Borrelli admitted with his plea that he filed false information on two different client returns for the years 1996 and 1995, under-reporting their tax in the amounts of $5906 and $4969.

UNITED STATES ATTORNEY'S OFFICE EASTERN DISTRICT OF MISSOURI RAYMOND W. GRUENDER United States Attorney	NEWS RELEASE
For further information: Call Public Affairs Officer Jan Diltz at (314) 539-7719
February 2, 2004 For Immediate Release FORMER TAX PREPARER PLEADS GUILTY TO FALSIFYING INCOME TAX RETURNS FOR CLIENTS St. Louis, Missouri: A former tax preparer pled guilty this morning to charges of falsifying income tax returns for clients, United States Attorney Ray Gruender announced today. This case was investigated by the Internal Revenue Service, Criminal Investigation Division. Assistant United States Attorneys Steven Muchnick and John Bodenhausen are handling the case for the U.S. Attorney’s Office. ANTHONY J. BORRELLI, 44, of Lost Dutchman Drive, St. Peters, Missouri, pled guilty to two felony counts of aiding and assisting in the preparation of false income tax returns. He appeared this morning before Chief United States District Judge Carol E. Jackson. Borrelli now faces a maximum penalty of three years in prison and/or a fine of $250,000, per count. Sentencing has been set for April 23, 2004. According to the facts filed with the court, during 1996 and 1997 Borrelli was a tax preparer in the business of filing federal income tax returns for individuals for the tax years 1994, 1995 and 1996. The returns which Borrelli prepared for his clients for 1994 and 1995 were amended returns. Many of the returns which he prepared for the tax years 1994, 1995 and 1996 contained false information, which was material to the determination of the amount of income tax owed to the IRS by the taxpayers. This false information included false medical and dental expenses, false gifts to charity and false employee business expenses, among others. The false information which Borrelli caused to be included on such returns was intended to cause the IRS to send his clients larger income tax refunds than they would have been entitled to receive. Borrelli admitted with his plea that he filed false information on two different client returns for the years 1996 and 1995, under-reporting their tax in the amounts of $5906 and $4969.