East Liverpool man convicted of tax conspiracy - WFMJ.com News weather sports for Youngstown-Warren Ohio

East Liverpool man convicted of tax conspiracy

Posted: Updated:
PITTSBURGH -

The former CEO of the Pennsylvania Cyber Charter School pleaded guilty to a charge of tax conspiracy, United States Attorney David J. Hickton announced on Wednesday.

Nicholas Trombetta, 61, of East Liverpool, Ohio, pleaded guilty to one count before Chief United States District Judge Joy Flowers Conti.

In connection with the guilty plea, the court was advised that Trombetta was the founder and Chief Executive Officer of the PA Cyber Charter School. Trombetta created a series of connected for-profit and not-for-profit entities to siphon taxpayer funds out of PA Cyber and to avoid federal income tax liabilities.

Judge Conti scheduled sentencing for Dec. 20, 2016, at 10 a.m. The law provides for a maximum total sentence of five years in prison, a fine of up to $250,000, or both.

Powered by Frankly
All content © Copyright 2000 - 2017 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms