Kansas businessman sentenced to prison for falsifying records

KANSAS CITY, KAN (WIBW) – A Kansas businessman was sentenced to 1 yr and a day in jail for his involvement in falsifying his firm’s monetary statements.

In January 2022, Ok. Kevin James, 65, of Lenexa, pleaded responsible to 1 depend of wire fraud. James was a co-owner of KC United LLC, a holding firm for a number of development corporations in Kansas Metropolis, Kansas.

In line with courtroom paperwork, James admitted that from 2008 to 2010, he coordinated along with his accountant to control Miller Paving’s quarterly monetary data to falsely replicate revenue to take care of the corporate’s banking and bonding relationships.

James additionally didn’t make the payroll taxes funds for 3 of his corporations to the IRS totaling roughly $5,282,509.

As a part of his sentence, the courtroom ordered James to pay greater than $6 million in restitution to the IRS and the Financial institution of Blue Valley.

“Employment taxes are an important a part of doing enterprise. Enterprise homeowners and their advisors have a duty to gather and switch over all taxes withheld to the IRS,” stated IRS Legal Investigation Appearing Particular Agent in Cost Thomas Murdock.

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