Gregory J. Coco, Tax Evasion, New York 2023

Rochester business owner Gregory J. Coco, 44, has pleaded guilty to filing a false tax return in a case that could land him up to three years in prison and a $250,000 fine, according to U.S. Attorney Michael DiGiacomo.

Coco, the owner of Century Asphalt Maintenance, a driveway sealing company in Rochester, received payments from customers totaling $2,611,685.57 for services provided from 2017 through 2022.

However, Coco intentionally failed to advise his tax return preparer of all the income he received, underreporting his income by a total of $1,704,556.57.

As a result, Coco failed to pay the Internal Revenue Service a total of $456,683.00.

The plea is the result of an investigation by the Internal Revenue Service Criminal Investigations Division, under the direction of Special Agent in Charge Harry Chavis.

The case is being handled by Assistant U.S. Attorney Nicholas M. Testani.

Coco is scheduled to be sentenced on October 7, 2025, before U.S. District Judge Meredith A. Vacca.

The investigation uncovered a pattern of deliberate tax evasion by Coco, who sought to avoid paying his fair share of taxes.

This case serves as a reminder that tax evasion will be vigorously prosecuted, and those who engage in such behavior will face serious consequences.

MORE FEDERAL CRIME NEWS

White Collar Crime

Sylvain Dienhoue, Aiding and Assisting in Preparation of False Tax Returns, New Jersey 2023

Jul 13, 2021

White Collar Crime

Jason Robert Sparks, Money Laundering, Nevada 1998

Jan 15, 1998

White Collar Crime

Susan Winebarger, Embezzlement, Missouri 2008

Mar 19, 2015

White Collar Crime

Black Bonnet, Wire Fraud, South Dakota 2002

Jan 15, 2002