Former Town Administrator of Nahant and Saugus Sentenced for Filing False Tax Returns
BOSTON – The former town administrator of Nahant and Saugus was sentenced today in U.S. District Court in Boston in connection with failing to report over $375,000 of his income on his federal tax returns from 2010 to 2013.
Andrew R. Bisignani, 70, was sentenced by U.S. District Court Judge Leo T. Sorokin to one year of probation, the first four months of which is to be served in Coolidge House and the following six months on home confinement. In December 2017, he pleaded guilty to four counts of filing false tax returns.
Bisignani, the former town administrator of Nahant and Saugus, admitted that from 2010 to 2013, he collected rental income from three real properties in Revere, Mass. During the same years, Bisignani collected interest and loan income by making multiple, private, short-term loans that were secured by Massachusetts real estate. Bisignani underreported his total rental real estate income when submitting his individual tax returns to the IRS in 2010, 2011, 2012 and 2013. He also underreported the interest income he received in connection with his private loans for 2010, 2011 and 2012.
Acting United States Attorney William D. Weinreb; Joel P. Garland, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston; and Harold H. Shaw, Special Agent in Charge of the Federal Bureau of Investigation, Boston Field Division, made the announcement today. Assistant U.S. Attorney Kristina E. Barclay of Weinreb’s Public Corruption Unit is prosecuting the case.