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Justice News

Department of Justice
U.S. Attorney’s Office
Northern District of New York

Friday, November 8, 2013

Jamesville Man Sentenced For Filing A False Tax Return

SYRACUSE, NEW YORK –LLOYD F. MARTIN, JR., (68, of Jamesville, NY) was sentenced to 3 years probation with 6 months home detention, a $25,000.00 fine and 50 hours of community service for his conviction for filing a false income tax return according to RICHARD S. HARTUNIAN, United States Attorney, Northern District of New York. Prior to the sentencing, MARTIN paid the IRS approximately $388,000.00 in back taxes, penalties and interest.

During entry of his guilty plea, MARTIN admitted that from 2006 through 2008, he was the president of a commercial construction company named Henderson-Johnson Co., Inc., located in Syracuse, New York. During that time, MARTIN realized income of approximately $657,640.57 from Henderson-Johnson over and above the income he reported on his personal federal income tax returns. Specifically, MARTIN received income from Henderson-Johnson in the form of payments toward personal expenses, such as the purchase and maintenance of a jet airplane. MARTIN failed to include $255,645.99 as income on his 2006 personal federal tax return, $241,892.78 as income on his 2007 personal federal tax return, and $160,101.80 as income on his 2008 personal federal tax return. Each of these returns were made and signed by him under penalty of perjury. MARTIN admitted he knew these tax returns were false because each substantially under reported his income and tax liability for that year.

This prosecution resulted from an investigation conducted by the Internal Revenue Service, Criminal Investigations, Syracuse, New York. The case was prosecuted by Assistant United States Attorney Ransom P. Reynolds. Further questions may be directed to Executive Assistant U.S. Attorney John Duncan at (315) 448-0672.

Updated January 29, 2015