Rochester business owner pleads guilty to tax charge

ROCHESTER, N.Y. - U.S. Attorney Michael DiGiacomo announced today that Gregory J. Coco, 44, of Rochester, pleaded guilty to filing a false tax return before U.S. District Judge Meredith A. Vacca. The charge carries a maximum penalty of three years in prison and a $250,000 fine. 

Assistant U.S. Attorney Nicholas M. Testani, who is handling the case, stated that Coco owns Century Asphalt Maintenance, a driveway sealing company in Rochester. For the years 2017 through 2022, Coco received payments from customers for services provided by Century Asphalt totaling $2,611,685.57. However, he intentionally failed to advise his tax return preparer of all the income he received, underreporting his income by a total of $1,704,556.57. As a result, Coco failed to pay the Internal Revenue Service a total of $456,683.00.

The plea is the result of an investigation by the Internal Revenue Service Criminal Investigations Division, under the direction of Special Agent in Charge Harry Chavis.   

Sentencing is scheduled for October 7, 2025, before Judge Vacca.   

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