Owner of 'Augie's' Sentenced for Tax Evasion

The owner of “Augie’s #1” was sentenced today for tax evasion, United States Attorney for the District of Connecticut announced.

Agostino Incorvaia, 47, of Danbury was sentenced to three years of probation, the first six of which he must serve in home confinement. He was also ordered to pay a fine of $5,000 and more than $800,000 in back taxes, interest and penalties.

According to court documents and statements made in court, from 2007 to 2012, Incorvaia failed to report approximately $2.65 million in gross receipts generated to the Internal Revenue Service by his popular Danbury restaurant.

During the investigation, Incorvaia admitted to an undercover IRS agent that, for five years, he understated the restaurant’s gross receipts on his income tax returns, provided false numbers to his accountant and employed a large group of “off the books” workers. He also admitted that a portion of the unreported receipts supported his business interests and properties, including those in the Dominican Republic.

Incorvaia’s admissions, which were recorded, were corroborated by the restaurant’s “point of sale” system that was seized pursuant to a search warrant.

In 2012, Incorvaia advertised his restaurant for sale with an asking price of $1.25 million.

On April 14, 2015, Incorvaia pleaded guilty to one count of tax evasion and admitted that he evaded payment of income taxes when filing his joint income tax returns for the 2007 through 2011 tax years.

As part of his sentence, Incorvaia is required to pay $396,650 in back taxes, as well approximately $427,000 in interest and penalties.

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