Newington man sentenced in tax fraud scheme

Published on Tuesday, 17 July 2018 12:20
Written by LISA BACKUS

@LBACKUSNBH

NEWINGTON - A local man was sentenced Friday to nearly six years in federal prison for failing to file accurate tax returns on millions of dollars of insurance business he was conducting.

Terry DiMartino was convicted after a jury trial in 2016 of failing to file tax returns and pay taxes on millions of dollars of commissions he had earned selling insurance for numerous companies in Connecticut and other states, federal authorities said.

During the trial, evidence showed that DiMartino mailed false documents, including three false tax returns for the 2007 tax year, one of which requested a $14 million tax refund, authorities said. He also sent threatening correspondence to the Internal Revenue Service and to insurance companies that cooperated with the IRS to hamper investigative efforts into his taxes, documents said.

He also used other taxes to hide his commission income, authorities said.

DiMartino was sentenced Friday to five years and 10 months in prison followed by one year of supervised release. He was also ordered to pay $658,547 in restitution to the IRS.



Posted in New Britain Herald, Newington on Tuesday, 17 July 2018 12:20. Updated: Tuesday, 17 July 2018 12:23.