U.S.
Department of Justice
United
States Attorney's Office
District of Delaware
Nemours
Building
1007 N. Orange Street, Suite 700
P.O. Box 2046
Wilmington, Delaware 19899-2046
Telephone
(302) 573-6277
FAX (302) 573-6220
FOR IMMEDIATE RELEASE
Thursday, April 8, 2004
Colm F. Connolly, United States
Attorney for the District of Delaware announced today that a Federal Grand Jury
returned an Indictment(1) against Ronald J. Saggese, age 42,
of Centerville, Delaware. The Indictment charges three counts of tax evasion
for the years 1996, 1997, and 1998. The Indictment charges that Saggese, in
filing his tax returns for the years in question, underreported his taxable
income in the total amount of approximately $500,000.
The maximum penalty for each count
of the Indictment is five years imprisonment and a $250,000 fine.
The case was investigated by Internal Revenue Service, Criminal Investigation Division. For further information, please contact United States Attorney Colm F. Connolly at 573-6277.
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(1) An Indictment is merely an accusation. The defendant is presumed innocent unless and until proven guilty.
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