Central Islip – Federal authorities Tuesday announced that Frank Lobacz of Bayport was indicted in the Eastern District of New York and charged with federal tax evasion from 2001 to 2003 as a result of a criminal investigation by IRS special agents. 

Over the three tax years, Lobacz reported $353,893 in taxable income and $99,255 tax due, yet his actual taxable income was $3,095,919 and his actual tax due was $1,285,742, resulting in an evasion of $1,186,487 in federal income taxes.  He surrendered to authorities at the Federal Courthouse in Central Islip and arraigned before Judge Hurley.

He pled "not guilty" and was released on his on recognizance.  He was also ordered to surrender his shotgun which he used for hunting, and handgun that was kept at his business.

Lobacz faces up to five years imprisonment and a fine of up to $250,000 for each of the three counts of tax evasion.

Assistant United States Attorney Allen Bode of the Eastern District of New York is in charge of this prosecution.