Leonard C Boyle, Acting U.S. Attorney for the District of Connecticut, and Joleen D. Simpson, Special Agent for IRS Criminal Investigations in New England, today announced that ROBERT PORZIO, 48, of Westport, had waived his right to be charged and pleaded guilty yesterday before US District Judge Stefan R. Underhill in Bridgeport to one count of tax evasion.
According to court documents and statements made in court, Porzio, who operates Bert’s Tree Service, Inc., deposited the checks of many customers into personal bank accounts, transferred a significant portion of the funds to a personal investment account, and deposited them. kept from the accountant of the company. its receipt of additional payments. These embezzled payments were neither reported on his individual federal income tax returns as additional salary nor on the company’s income tax returns as additional receipts.
For the 2012 to 2016 tax years, Porzio did not report a total of more than $ 900,000 in additional income. Porzio’s underreporting of income tax and the company’s payroll tax obligations resulted in a loss of $ 331,388 to the IRS.
Judge Underhill set the sentence for March 10, 2022, when Porzio faces a maximum prison term of five years.
Porzio is released on $ 50,000 bail pending conviction.
This case has been investigated by the Internal Revenue Service – Criminal Investigations Division and is being continued by Assistant US Attorney Anastasia King.