BOSTON (AP) — The former chairman of the Massachusetts Turnpike Authority has been sentenced to six months in prison for filing bogus income tax returns that cheated the IRS out of more than $30,000.
Sixty-one-year-old James Kerasiotes of Wrentham was sentenced Thursday in federal court in Boston. A judge also ordered him to pay $31,448 in restitution and a $5,000 fine. He’ll have to serve four months under house arrest after jail.
Federal officials say Kerasiotes underreported his income by about $100,000 on his 2010 and 2011 tax returns. He pleaded guilty in September to filing false tax returns while working as a consultant.
Kerasiotes was chairman of the Turnpike Authority until 2000, when he was pressed to resign after acknowledging the Big Dig highway project in Boston was $1.4 billion over budget.