A Monmouth County man who ran an illegal gambling business today admitted filing a false tax return, U.S. Attorney Philip R. Sellinger announced.
According to U.S. Attorney Sellinger, Steven Bryce, 52, of Howell Township, pleaded guilty to an indictment charging him with subscribing to a false tax return.
According to documents filed in this case and statements made in court:
In 2013, Bryce operated an illegal gambling business.
On July 14, 2014, Bryce filed with the IRS U.S. Individual Income Tax Return, Form 1040, for the calendar year 2013 on behalf of himself and his spouse, which falsely stated that they had a total income of $112,899.
The 2013 Tax Return was not true and correct: Bryce received significant income from his gambling business and, as a result, had income substantially in excess of the amount he reported.
As part of his plea agreement, Bryce agreed to pay full restitution of $338,885 to the IRS for tax losses resulting from false tax returns filed by Bryce for calendar years 2011 to 2016.