Oakmont Man Charged in Tax Evasion Scheme

An Oakmont resident has been indicted by a federal grand jury in Pittsburgh on charges of evasion of tax payment bankruptcy fraud, and money laundering.

According to the indictment presented to the court, Louis Lamanna evaded the payment of his tax liabilities by spending more than $1 million while his tax liability was due and owing; by failing to report income to the Internal Revenue Service on the timely basis; and by transferring assets into a nominee bank account.

The law provides for a maximum total sentence of thirty years in prison, a fine of
$1 million or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offense and the prior criminal history, if any, of Lamanna.

Assistant U.S. Attorney Brendan Conway is prosecuting this case on behalf of the government.

The Criminal Investigation Division of the Internal Revenue Service conducted the investigation leading to the indictment in this case.

An indictment is an accusation. A defendant is presumed innocent unless and until proven guilty.