Fremont Roofer Indicted On Making False Statements on Tax Returns
Gregory J. Haanstad, United States Attorney for the Eastern District of Wisconsin, announced that on October 19, 2017, a federal grand jury returned a two-count indictment against Samuel J. Smith (age 56) of Fremont, Wisconsin. The indictment alleges that Smith made false statements on his 2009 and 2011 Form 1040, U.S. Individual Income Tax Returns.
According to the Indictment, Smith falsely stated on his 2009 income tax return that his gross receipts from Fox Valley Roofing and Siding were $757,134 with a subsequent tax obligation of $2,534. Smith also stated that his 2011 receipts were $5,534,382 with a subsequent tax obligation of $425,931. In both years, the indictment alleges that Smith knew that his gross receipts and subsequent tax obligations for Fox Valley Roofing and Siding were substantially greater than the amounts on the returns.
If convicted of these charges, Smith faces up to 6 years in prison and fines of $500,000. The case was investigated by IRS Criminal Investigation. The case is being prosecuted by Assistant United States Attorneys Bridget J. Domaszek and Matthew L. Jacobs.
# # # # #
For Additional Information Contact:
Public Information Officer Dean Puschnig - (414) 297-1700