Andrew Bisignani, pictured, pleaded guilty to tax evasion in U.S. District Court.
By THOMAS GRILLO
BOSTON — Andrew Bisignani, the former town administrator for Nahant and Saugus, pleaded guilty to tax evasion Friday in U.S. District Court.
The 70-year-old Nahant resident admitted to four counts of filing false tax returns and failing to report more than $375,000 of his income on his federal tax returns over four years.
Judge Leo Sorokin has scheduled sentencing for Feb. 14. He faces up to three years in prison, one year of probation and a $100,000 fine. The U.S. Attorney’s Office has recommended jail time and a fine at the “low end” of the sentencing guidelines, according to court documents.
Bisignani confessed that from 2010 to 2013, he collected rental income from three properties in Revere.
During the same years, Bisignani collected interest income by making multiple short-term loans secured by Massachusetts real estate and underreported his total rental real estate income when submitting his tax returns to the Internal Revenue Service.
The federal case by U.S. Attorney Carmen Ortiz is not the only charge Bisignani faces.
Essex County District Attorney Jonathan Blodgett’s office is prosecuting Bisignani, alleging he improperly funneled public contracts to favored contractors while serving as Nahant town administrator between Feb. 1, 2012 and June 30, 2014 and as Saugus town manager from Jan. 1, 2009 through Feb. 1, 2012. A trial date has been scheduled for Feb. 21.
His attorney, Tracy Miner, did not respond to a request for comment.
Thomas Grillo can be reached at [email protected]