A Miami man has pleaded guilty to filing a false tax return and agreed to pay the Internal Revenue Service more than $34 million in restitution, federal prosecutors announced.
Daniel Liburdi, 37, entered the guilty plea to one count of filing a false tax return. He faces a maximum penalty of three years in federal prison. Sentencing is scheduled for Aug. 18.
In addition to the $34,846,381 in restitution, Liburdi has agreed to the civil forfeiture of three real properties in Miami Beach and the U.S. Virgin Islands valued at approximately $37.5 million, two Ferraris and one Land Rover Range Rover valued at approximately $1.1 million, and the contents of several financial accounts totaling $414,508. United States Attorney Gregory W. Kehoe made the announcement.
Scheme stretched over three tax years
According to court documents, Liburdi misreported his income on his 2021, 2022 and 2023 tax returns. On his 2023 return, Liburdi falsely attributed business income to a U.S. Virgin Islands-based entity rather than U.S.-based entities that had actually generated the income…