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To: Bear Down who wrote (1485)1/28/2007 4:37:45 PM
From: StockDung   of 1494
 
Former housing developer admits filing false tax return
Sunday, April 04, 2004
Copyright © Las Vegas Review-Journal

THE ASSOCIATED PRESS

A former Southern Nevada home developer pleaded guilty Friday to filing a false federal income tax return for 1994.

Steven William Rebeil faces a possible sentence of probation, up to three years in prison and a $250,000 fine on the single felony charge, a spokeswoman for U.S. Attorney Daniel Bogden said.

Rebeil remained free pending sentencing June 11 before U.S. District Judge Roger Hunt.

Rebeil built homes under the names Confetti Partnership, Gem Development and Gem Homes, Pebble Properties, Pizzaz II Partnership and Summer Park Partnership, officials said.

Internal Revenue Service investigators alleged that subcontractors padded their bills and kicked back to Rebeil up to $1,000 per home while he deducted the costs as a business expense.
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