Date: Dec. 17, 2024 Contact: newsroom@ci.irs.gov Pittsburgh, PA — A resident of Coraopolis, Pennsylvania, has been sentenced in federal court to 24 months of imprisonment on his conviction for filing a false tax return, United States Attorney Eric G. Olshan announced today. Senior United States District Judge Arthur J. Schwab imposed the sentence on Albert Boyd Jr., also ordering Boyd to pay more than $1 million in restitution. According to information presented to the Court, Boyd failed to deposit income from the sale of scrap metal into the bank account for his business, Boyd Roll-Off Services, Inc., from 2017 through 2022 both by not depositing cash payments received and depositing checks received from those sales into accounts other than the business account. He then ensured that the business’s tax returns for those same tax years only reflected income that was deposited into the business bank account, failing to fully account for the income of the business and resulting in a tax loss to the United States of at least $1,030,000. Assistant United States Attorney William B. Guappone prosecuted this case on behalf of the government. United States Attorney Olshan commended the Internal Revenue Service Criminal Investigation (IRS-CI) for the investigation leading to the successful prosecution of Boyd. IRS-CI is the criminal investigative arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money-laundering, public corruption, healthcare fraud, identity theft and more. IRS-CI special agents are the only federal law enforcement agents with investigative jurisdiction over violations of the Internal Revenue Code, obtaining a more than a 90 percent federal conviction rate. The agency has 20 field offices located across the U.S. and 12 attaché posts abroad.
