Acting U.S. Attorney Joon H. Kim announced Wednesday a certified public accountant based in White Plains has been sentenced to 22 months in prison for tax fraud.
Sixty-four-year-old Joseph Cervone of White Plains previously pled guilty to one count of subscribing to false tax returns and one count of endeavoring to obstruct and impede the due administration of the internal revenue laws, according to court documents.
Cervone impeded and obstructed the Internal Revenue Service by filing fraudulent tax returns from 2009 through 2012, claiming over $23 million of coal and energy credits on behalf of his clients to obtain tax refunds.
Cervone filed fraudulent tax returns for 2010 and 2011 that failed to report income associated with personal expenses.
In addition to the prison term, Cervone was ordered to pay a $15,000 fine.