The president of a Washington manufacturing company pleaded guilty today in federal court to failing to report hundreds of thousands in income derived from selling scrap metal.
Daniel Levine of Washington County, whose age and neighborhood of residence weren’t available, pleaded guilty to two counts of failing to report the entirety of his income on 2007 and 2008 tax returns.
Mr. Levine is the president of Greenetech Manufacturing, a company specializing in custom machine and metal fabrication. He and other upper-level employees were accused of taking metal from Greenetech, selling it to Ohio scrap yards, and failing to report the additional income.
Between 2003 and 2008, Mr. Levine and his associates amassed $890,000 by selling metal to scrap yards, though the charges cover only 2007 and 2008.
The IRS Criminal Investigations Unit conducted the probe that ultimately led to the charges against Mr. Levine.
Assistant U.S. attorney Michael A. Comber said federal guidelines recommend that Mr. Levine spend six to 12 months in prison, though he could serve up to three years.
U.S. District Judge Nora Barry Fischer set sentencing for Oct. 8 at 9 a.m.
Max Radwin: firstname.lastname@example.org or 412-263-1280.