Alfred Feratovic pled guilty in Manhattan federal court to fraudulently under-reporting income in his United States individual income tax returns between 2012 and 2017, while employed as an officer for the New York City Police Department (“NYPD”). Feratovic, who is no longer with the NYPD, was arrested and charged in connection with this offense in June 2019, and he pled guilty today to aiding the preparation of fraudulent tax returns before United States District Judge Ronnie Abrams.

Manhattan U.S. Attorney Berman said: “Alfred Feratovic admitted today that while enforcing the laws as an NYPD officer, he was violating the law himself by falsifying his tax records and failing to report hundreds of thousands of dollars in income. Our Office is committed to demonstrating that no one is above the law, and that tax fraud is a serious offense that we will prosecute to the fullest extent of the law.”

According to the allegations set forth in the Information filed against Feratovic in Manhattan federal court, and statements made in court proceedings, including Feratovic’s guilty plea hearing:

Between 2012 and 2017, Feratovic was employed as a police officer, and received income from his employment with the NYPD. Feratovic also owned and operated residential rental properties from which he derived significant personal income. He reported rental income from those properties on his U.S. federal income tax returns. In particular, Feratovic owned and operated more than 10 rental properties in New York and Connecticut. Rental income he received from those properties was reported to the IRS on certain schedules and filings in his tax returns, which he participated in preparing and filing with the IRS.

For each of the tax years 2012 through 2017, Feratovic falsely reported to his tax return preparer, and caused to be reported to the IRS, rental income from his properties in amounts significantly below the true rental income he received. He did so in generally increasing amounts during the relevant years, with the largest under-reporting occurring in 2017, during which he failed to report hundreds of thousands of dollars in rental income.

* * *

Feratovic, 39, of Staten Island, New York, pled guilty to one count of aiding the preparation of fraudulent federal tax returns, which carries a maximum sentence of three years in prison. The maximum potential sentence in this case is prescribed by Congress and is provided here for informational purposes only, as the sentence of the defendant will be determined by the court.