ALBANY, NEW YORK – In a stunning revelation of financial misdeeds, Bruce Bochette, 67, owner of a commercial painting business in Charlton, New York, has entered a guilty plea for evading taxes on approximately $825,000 in business income. United States Attorney Carla B. Freedman and Thomas Fattorusso, Executive Special Agent in Charge of the IRS-CI New York Field Division, broke the news today.
Bochette’s guilt stems from his deliberate act of depositing checks, and parts of checks, intended for his company into his personal account. Between 2017 and 2021, Bochette failed to report this income on both his business and personal tax returns, evading the payment of $219,706 in taxes.
The magnitude of Bochette’s deception was substantial; he confessed to not reporting a staggering $825,719.56. The IRS-CI took charge of the investigation, while Assistant U.S. Attorney Michael Barnett handled the prosecution.
Scheduled for October 4, 2024, Bochette’s sentencing before United States District Judge Anne M. Nardacci could mean up to five years behind bars, three years of supervised release, and a maximum fine of $100,000. Sentencing is contingent on various factors including the U.S. Sentencing Guidelines.
This case serves as a stark reminder of the consequences when financial trust is breached. Bochette’s sentence will be determined by United States District Judge Anne M. Nardacci based on the specific charges and other pertinent factors.
For further information, contact the U.S. Attorney’s Office for the Northern District of New York at (518) 431-8401.
RELATED: Saratoga Co. Business Owner Bochette Pleads Guilty to $825k Tax Evasion
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Key Facts
- State: New York
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption|White Collar Crime
- Source: Official Source ↗
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