United States Attorney Michael J. Sullivan; Joseph A. Galasso, Special Agent in Charge of the U.S. Internal Revenue Service, Criminal Investigation; and Colonel Thomas G. Robbins, Superintendent of the Massachusetts State Police, announced that LYNN ALBERICO, age 43, of 68 Old Farm Road, Centerville, Massachusetts, was convicted by a jury sitting before U.S. District Judge Patti B. Saris of conspiracy to commit money laundering, making and subscribing to a false tax return, and failure to file a tax return.
Evidence presented during the nine-day trial proved that on July 9, 1997, Stephen Queen, formerly of Hyannis, illegally obtained over $900,000 in cash from his parents’ safe deposit boxes in Florida. Mr. Queen returned to
The evidence also showed that of the $900,000 stolen, ALBERICO received approximately $100,000 of it. She did not report this additional income on her 1997 federal tax return, but instead reported an adjusted gross income of $17,341 from her business, Alberico’s Alteration and Tailoring. In 1999, when ALBERICO and Upton sold
Judge Saris scheduled sentencing for November 14, 2005. ALBERICO faces up to 20 years’ imprisonment, to be followed by 3 years of supervised release, and a fine of at least $250,000.
George Upton, age 51, of 88 Yarmouth Road, Hyannis, Massachusetts, was convicted of all charges following a jury trial in October, 2004, and was sentenced to 13 ½ years’ imprisonment for the charges.The disappearance and presumed homicide of Stephen Queen remains under active investigation.