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Former Big Dig Official Charged With Filing False Tax Returns

A former Massachusetts Secretary of Transportation has been charged with filing false tax returns. 

James J. Kerasiotes, 60, of Wrentham, was charged with filing false personal income tax returns for the years 2010 and 2011. 

According to United States Attorney Carmen M. Ortiz's office: 

"Kerasiotes was a self-employed consultant providing strategy and business origination services to clients in the transportation and construction industries.  For the calendar years 2010 and 2011, Kerasiotes filed Forms 1040, U.S. Individual Income Tax Returns, with the IRS reflecting only a portion of the income he earned from his consulting business during those years. 

"By underreporting his total business income for 2010 and 2011, Kerasiotes evaded the payment of income taxes to the IRS. The charging statute provides a sentence of no greater than three years in prison, one year of supervised release, and a fine of $100,000.

"Actual sentences for federal crimes are typically less than the maximum penalties. Sentences are imposed by a federal district court judge based upon the Federal Sentencing Guidelines and other statutory factors." 

Kerasiotes was director of the Massachusetts Turnpike Authority and project manager of the Big Dig in the 1990s.

Linda Blare July 08, 2014 at 11:55 AM
Another public employee cheating the system.
Tyler Jozefowicz July 08, 2014 at 09:08 PM
Linda: Read the article. Kerasiotes was a PRIVATE SECTOR consultant, in 2010 & 2011, not a government employee, when the under-reporting took place . So looks like another private sector employee cheating the system. Funny how brains work. Most small businesses for your information , under-report their revenue and the W-2 suckers have to make up the difference. You probably know some of them- construction contractors , plumbers, electricians dealing in cash with cottages and boats up in New Hampshire , new Ford F-150 pick-ups with the silver tool kits of the back.
Cool Fusion July 09, 2014 at 10:03 AM
Stop it. I'm getting all misty. I see a "one year of supervised release" in his future. He will spend his time lobbying for his insider buddys to keep the recently passed automatic inflation adjusted gas tax increase Bill intact that voters have a chance to repeal thru the referendum vote at the next election.
JM July 09, 2014 at 01:16 PM
I can't say I'm surprised: http://en.wikipedia.org/wiki/James_Kerasiotes
francis soyer July 09, 2014 at 03:17 PM
I see the PC police are at it again. It's okay to attack public employees but not ok to respond!

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