Admitted Tax Cheat Gets Three Months
A telecommunications executive from Holmdel is sentenced to thrree months in prison for filing bogus federal tax returns.
Steven Imburgio, 50, was sentenced today in relation to his guilty plea before U.S. District Court Judge Freda Wolfson for the false return filed in 2004, according to New Jersey U.S. Attorney Paul Fishman. He's also required to pay about $198,000 in back taxes, plus penalties and interest, and spend a year in supervised release, including seven months of home confinement.
Imburgio was the controller and operator of New York-based Americom USA. He admitted under-reporting gross business revenues on his personal IRS returns in 2004, 2005 and 2006. Authorities estimate that it shorted the government between $80,000 and $200,000.