Man Sentenced for Income Tax Fraud

Sunday, Oct 27, 2013  |  Updated 9:47 PM EDT
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Man Sentenced for Income Tax Fraud

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A former southern New Jersey man who got $545,000 by filing fraudulent state tax returns in 2008 has been sentenced to five years in state prison.

Burlington County prosecutors say 50-year-old Kenneth Costello, who formerly lived in Willingboro, put the money he received in various banks. But his acts were discovered last year after he complained to a Willingboro bank that someone had withdrawn money from his account without permission.

Lisa Jarvis, who was a teller at the bank at the time, eventually admitted creating a debit card for Costello's account and stealing nearly $100,000 over two years. She pleaded guilty to computer theft and related charges in October 2012 and was sentenced to three years in prison.

Costello pleaded guilty last month to money laundering.

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