Granby accountant sentenced for tax return fraud

More than $118,000 in taxes was lost due to this fraud


WORCESTER, Mass. (WWLP) – A man from Granby, who owned an accounting business in Chicopee, was sentenced on Monday in U.S. District Court in Worcester in connection with filing false tax returns.

According to U.S. Attorney Carmen Ortiz, 53-year-old James Lowe was sentenced to four months in prison and one year of supervised release. The judge ordered Lowe to serve the first three months in home detention.

Lowe pleaded guilty in June of 2016 to three counts of filing false corporate tax returns for his accounting business and three counts of filing false personal income tax returns from 2011 to 2013.

Ortiz said Lowe was the owner of an accounting and tax return preparation business in Chicopee; he would deposit some of the tax return checks into his personal bank account, instead of his business bank account.

“Lowe under-reported his income on both his corporate and personal income tax returns by not disclosing certain checks generated from his accounting business,” Ortiz said. More than $118,000 in taxes was lost due to this fraud.

NOTE: United States Attorney Carmen M. Ortiz and Joel P. Garland, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigation in Boston, made the announcement on Monday. Assistant U.S. Attorney Alex Grant prosecuted the case.