Leonard C Boyle, Acting U.S. Attorney for the District of Connecticut, and Ramsey E. Covington, Acting Special Agent for IRS Criminal Investigations in New England, announced that GEORGE LEE, 50, of Glastonbury, had waived his right to be charged and pleaded guilty today to a federal tax offense.
In accordance with the Law on Aid, Relief and Economic Security against Coronaviruses (CARES Law), the legal proceedings before the American magistrate Donna F. Martinez took place by videoconference.
According to court documents and statements made in court, Lee owns and operates American USA Paving. For the 2015 to 2018 tax years, Lee provided his tax preparer with information that significantly underestimated the paving company’s gross revenue. As a result, Lee’s personal income tax returns for the 2015 to 2018 tax years, which Lee allowed his preparer to file with the IRS, underreported his income by more than $ 588,000, resulting in a tax loss of $ 154,238.
Lee pleaded guilty to one count of making a false income statement, an offense punishable by up to three years in jail. He is expected to be sentenced by U.S. District Judge Vanessa L. Bryant on October 13, 2021 in Hartford.
Lee is released pending sentencing.
This investigation is being conducted by the Internal Revenue Service, Criminal Investigation Division. The case is being continued by Assistant US Attorney Christopher W. Schmeisser.