Lincoln County Man Sentenced On Tax Charges
St. Louis, MO – PETER GIAMBALVO was sentenced to 16 months in prison for filing false tax returns from 2003-2010.
According to testimony presented at trial, Giambalvo was an employee of The Boeing Company. For eight years beginning in 2003 through 2010, Giambalvo claimed zero earnings, when in fact he had earned wages, salaries, tips, etc. of approximately $498,540 for those years.
"The legality of our income tax laws has been challenged time and time again and the courts have consistently upheld these laws," said Tanya Brewer, Acting Special Agent in Charge of IRS Criminal Investigation.
Giambalvo, Hawk Point, MO, was convicted last August on one felony count of interfering with the administration of the Internal Revenue laws, and eight felony counts of filing false tax returns. He appeared today for sentencing before United States District Judge Rodney W. Sippel.
This case was investigated by IRS Criminal Investigation. Assistant United States Attorney Steven Muchnick handled the case for the U.S. Attorney's Office.