Roofing News

Florida Contractor Takes Plea in $1M Tax Fraud Case

U.S. attorney says co-owner of roofing company failed to report $1M in income in 2017

Olga Dedovets of Sarasota, Fla., entered a guilty plea to one count of making a false statement in a tax return. Dedovets faces a maximum penalty of three years in federal prison.
Image by Steve Buissinne from Pixabay.

A Florida woman has pleaded guilty to making false statements on a tax return while operating a roofing company, failing to report $1 million in income.

According to a news release from United States Attorney Roger B. Handberg, Olga Dedovets of Sarasota entered a guilty plea to one count of making a false statement in a tax return. Dedovets faces a maximum penalty of three years in federal prison. A sentencing date has not yet been set.

According to the plea agreement, Dedovets co-owned and helped to operate a roofing business based in the Middle District of Florida. Records show the company is Suncastle Roofing, which has locations in Sarasota and Port Charlotte.

Handberg's office states in November 2018, Dedovets willfully made a false statement in her Individual Income Tax Return Form 1040 for tax year 2017, then signed it, and caused that return to be filed with the Internal Revenue Service. The false statement in that tax return related to income that she and the other roofing business owner had earned from that business in 2017.

Dedovets failed to report more than $1 million in income to her tax preparer on that 2017 Form 1040, which was income derived from roofing work. Most of that income was concealed in bank accounts that Dedovets did not report to the tax preparer.