PITTSBURGH A scrap
peddler is facing up to a year in prison after pleading guilty
to tax evasion by failing to report more than $152,000 in
Hamzo Omerovic of Fargo, N.D.,
admitted in U.S. District Court to willfully failing to file an
income tax return for 2006, according to the U.S. Attorney in
North Dakota, a misdemeanor that is punishable by up to a year
in jail and a fine of up to $100,000.
Omerovic, who operated under the
name Scrap Metals, obtained metal in the area and sold it to
metal recyclers, primarily in North Dakota and Minnesota,
grossing more than $152,000 in receipts in 2006, according to
an investigation by the Internal Revenue Services
Criminal Investigation Division.
The estimated federal tax loss
for sentencing purposes has been set at $30,000, although the
actual tax loss to the IRS will be determined after Omerovic is
sentenced. A sentencing date has not been set.
Omerovic could not be reached