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

FOR IMMEDIATE RELEASE
Tuesday, May 19, 2015

Attorney Sentenced In White Plains Federal Court To Federal Prison For Subscribing To False Federal Income Tax Returns

Preet Bharara, the United States Attorney for the Southern District of New York, and Caroline D. Ciraolo, Acting Assistant Attorney General for the U.S. Department of Justice’s Tax Division, announced that MATTHEW LIBOUS was sentenced yesterday to six months in prison for failing to report income on his tax returns for the 2007, 2008, and 2009 tax years.  LIBOUS was convicted at a bench trial in January 2015.  United States District Judge Vincent L. Briccetti imposed yesterday’s sentence.

According to the Superseding Indictment and the evidence presented at trial:

LIBOUS engaged in the practice of law from 2006 through 2008.  LIBOUS deposited the fees he received into his personal bank account but never reported them on his tax return.  In 2008, LIBOUS became a minority partner and manager of Wireless Construction Solutions, LLC ("WCS"), a company that maintained cellular telephone towers.  LIBOUS caused WCS to pay thousands of dollars in his personal expenses on his behalf from 2008 to 2011.  Judge Briccetti found today that LIBOUS failed to report more than $97,000 in income, leading to a tax loss of more than $38,000.

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In addition to the prison sentence, LIBOUS, 37, of Glen Ridge, New Jersey, was sentenced to one year of supervised release, a $25,000 fine, 100 hours of community service, and costs of prosecution.

Mr. Bharara praised the outstanding investigative work of the Internal Revenue Service - Criminal Investigation and the investigators from the U.S. Attorney's Office for the Southern District of New York.

This case is being handled by the Office’s White Plains Division.  Assistant United States Attorney James McMahon and Special Assistant U.S. Attorney Andrew Kameros are in charge of the prosecution.

Press Release Number: 
15-128
Updated May 21, 2015