Former Financial Advisor and Tax Preparer Sentenced to 21 Months in Prison for Mulitiple Counts of Preparing False Tax Return
NEWARK, N.J. – A Monmouth County, New Jersey, man was charged today for subscribing to a false tax return, U.S. Attorney Craig Carpenito announced.
Steven Bryce, 50, of Monmouth County, New Jersey, is charged by complaint with subscribing to a false tax return for tax year 2013. A summons was issued for Bryce to appear before a U.S. Magistrate Judge in Newark federal court at a time to be scheduled.
According to the complaint:
In 2013, Bryce operated a gambling business. On July 14, 2014, Bryce filed with the IRS U.S. Individual Income Tax Return, Form 1040, for the calendar year 2013 on behalf of himself and his spouse, which falsely stated that they had total income of $112,899. The 2013 Tax Return was not true and correct: Bryce received tens of thousands of dollars from his gambling business, and, as a result, had income substantially in excess of the amount he reported.
The charge of subscribing to a false tax return carries a maximum potential penalty of three years in prison and a maximum $250,000 fine.
U.S. Attorney Carpenito credited special agents of IRS-Criminal Investigation, under the direction of Special Agent in Charge Michael Montanez and special agents of the FBI, under the direction of Acting Special Agent in Charge Joe Denahan in Newark with the investigation leading to today’s charges.
The government is represented by Assistant U.S. Attorney J Fortier Imbert of the U.S. Attorney’s Office’s Special Prosecutions Division.
The charge and allegations contained in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.