On February 6, 2013, in Grand Rapids, Michigan, Kenneth Hoesch, formerly of Zeeland, Michigan, was sentenced to 78 months in prison, three years of supervised release and ordered to pay $1,295,518 in restitution to his victims and to pay $211,654 in restitution to the IRS. In July 2012, Hoesch pleaded guilty to one count of mail fraud and one count of filing a false tax return. According to court records, during 2006 through 2010 tax years, Hoesch worked as an attorney specializing in trusts and estate law. During this time period, he stole over $800,000 from his clients and trust beneficiaries and falsified his federal income tax return when reporting his income. Of the $800,000 Hoesch stole, over $300,000 was embezzled and the remaining amount was stolen through an Interest on Lawyers Trust Account (IOLTA) controlled by Hoesch. IOLTAs are a standard type of account where monies are held pending disbursement.
Source: IRS.gov
More IRS Investigations
For immediate assistance with your tax matter, contact us today at 1-949-260-4770.
Consultations with our former IRS Personnel and CPAs are always FREE and CONFIDENTIAL.