Auburn Man Sentenced for Tax Fraud
BOSTON – An Auburn man was sentenced today in federal court in Worcester for filing a false personal tax return.
Stephen Hubley, 64, was sentenced by U.S. District Court Judge Timothy S. Hillman to one year and one day in prison. Hubley was also ordered to pay restitution of $630,318. On May 27, 2021, Hubley pleaded guilty to one count of filing a false and fraudulent tax return.
Hubley admitted that he failed to report several hundreds of thousands of dollars in income on his 2019 personal tax return. Specifically, between 2016 and 2019, Hubley failed to report approximately $2.3 million in income from his personal tax returns, resulting in underpayment of taxes by $630,318. Hubley did so by conducting transactions that evaded the filing of currency transaction reports with the government. Currency transaction reports are required of financial institutions for cash transactions of greater than $10,000.
Acting United States Attorney Nathaniel R. Mendell and Joleen D. Simpson, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston, made the announcement. Assistant U.S. Attorney John T. Mulcahy of Mendell’s Criminal Division prosecuted the case.