Holmdel Resident Pleads Guilty in Federal Court to Filing False Tax Returns
Steven J. Imburgio faces a maximum potential penalty of three years in prison and a $250,000 fine.
An announcement from the US Attorney's Office, District of NJ
Steven Imburgio, 50, of Holmdel, N.J., pleaded guilty to filing false personal federal income tax returns in court today, according to U.S. Attorney Paul J. Fishman.
Imburgio is the controller and operator of Americom USA, a New York telecommunications business, according to a press release from the Dept. of Justice.
He pleaded guilty in U.S. District Court to a charge that he stated only $180,000 in business activities on his 2004 Form 1040, but failed to include $567,000 more in additional gross receipts, according to the Information.
His plea today was before U.S. District Judge Freda L. Wolfson.
According to documents filed in this case and statements made in court, officials say Imburgio admitted that he under-reported his gross receipts from his business activities on his 2004, 2005, and 2006 personal income tax returns, resulting in a tax loss to the United States of between $80,000 and $200,000.
As part of his plea agreement, Imburgio must repay back taxes – which the government contends total approximately $198,000 – plus penalties and interest to the IRS, acccording to the Dept. of Justice.
The charge to which Imburgio pleaded guilty carries a maximum potential penalty of three years in prison and a $250,000 fine. Sentencing is currently scheduled for June 22, 2012.
U.S. Attorney Fishman gave credit to IRS–Criminal Investigation, under the direction of Acting Special Agent in Charge JoAnn Zuniga, for the investigation leading to today’s guilty plea.
The government is represented by Assistant U.S. Attorney John E. Clabby of the U.S. Attorney’s Office Criminal Division in Trenton. Imburgio's defense counsel is Robert G. Stahl Esq., of Westfield, N.J.