BALTIMORE - Two owners of a Woodbine corporation have pleaded guilty to income tax evasion for tax year 1984, according to the U.S. attorney.
Drs. Ambrose Hochrein Jr., 51, of Olney, Montgomery County, and Alagu Thiruvengadam, 56, of Ellicott City, Howard County, entered pleas before U.S. District Judge Norman Ramsey.
The two men are owners of Daedalean Inc. of Woodbine, which is engaged in defense contract work for the federal government.
U.S. Attorney Breckinridge Willcox said last Wednesday that Hochrein and Thiruvengadam fraudulently failed to report income on their 1984 income tax return by employing various schemes that used their corporation and partnerships.
Hochrein reported taxable income of $36,729, when his actual taxable income was $146,862. Thiruvengadam reported a taxable income of $30,245, when he had a taxable income of $179,533.
The guilty pleas were the result of a plea bargain with the federal government. The U.S. Attorney's Office will recommend six months in prison followed by a period of probation for each man. The maximum penalty is five years imprisonment, a $250,000 fine and a $50 special assessment.