NOW:53092:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
63°
H 63° L 63°
Clear | 6MPH

Mequon woman pleads guilty to tax evasion

John Diedrich

Dec. 26, 2012

A Mequon woman who ripped off her grandmother and her sister has pleaded guilty to tax evasion and filing a false claim against the IRS, according to court documents.

Leah M. Kuchta, 42, who worked as a certified public accountant, pleaded guilty earlier this month. Each of the counts carries up to five years in prison, but she is likely to get much less time under federal sentencing guidelines when she is sentenced in March.

In the plea agreement, the prosecutor agrees not to recommend a sentence of more than 30 months.

According to the plea agreement:

In 2005, Kuchta's grandmother received an inheritance of more than $1 million and it was held in trust. Kuchta persuaded her grandmother to grant her access. She told her grandmother she would invest the money in low-risk investments.

Kuchta immediately withdrew more than $900,000. Once the grandmother learned of the withdrawal, she confronted Kuchta, who said she had "messed up" and agreed to put the money back.

But she did not put all the money back, eventually spending $181,811 on personal expenses including starting a business with her boyfriend, buying a house in Mequon and investing in Arizona land deals.

Besides using her grandmother's trust for her benefit, Kuchta executed a land deal with her sister in which she took title to her sister's home to prevent it from going into foreclosure.

As part of the deal, Kuchta arranged to have a check issued for $30,000 in her sister's name. Kuchta then stole the check, forged her sister's name and deposited it in her personal account without telling her sister.

In all, Kuchta failed to pay $234,836 in taxes on unreported income in 2005.

Kuchta also ran a business called Sheva Investments with a business partner, who did not regularly file income tax returns. Kuchta falsely filed a tax return in her partner's name without telling the partner. In 2008, the false claims resulted in $89,561 paid by the IRS. The money went into Kuchta's personal account.

In the plea agreement, Kuchta agrees to pay the IRS $324,397 plus penalties and interest.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» Tochi in Shorewood is closing 7/31

» Lipscomb selected to replace Dimitrijevic as board chair 7/30

» Football coach Drake Zortman leaves Shorewood/Messmer for Homestead Updated:  7/29

» Senior-heavy Nicolet baseball team showed improvement this season 7/29

» Shorewood baseball team struggles with youth 7/29

» Whitefish Bay memorializes woman killed in crosswalk Updated:  7/29

» Brown Deer baseball team hung together despite tough season 7/29

» Shorewood debates trick-or-treat times Updated:  7/29

» Glendale evaluates city hall improvements 7/28

» 'Milwaukee lion' spotted in Glendale Updated:  7/28

» North Shore communities react to state ban on municipal home inspections at time of sale 7/27

» Brown Deer closes on sale of former American TV and Appliance building 7/27

» Woman robbed at gunpoint at Brown Deer bank 7/27

» Bizarre play leads to Homestead "9" sectional loss to Falls 7/22

» North Shore area baseball teams drop tough regional contests 7/22

» Whitefish Bay baseball team comes up just short of Falls in regional thriller 7/22

» Brown Deer municipal buildings need improvements 7/22

» The Suburban 16 Power Rankings: Watt, Niebrugge, and others on the next level 7/22

» Mequon seeks to develop 13 acres in town center district 7/22

» Niebrugge makes Homestead High proud again with finish at British Open 7/22

» Thiensville apartment developer agrees to consider smaller condominium development 7/22

» Whitefish Bay man allegedly charged officer with knives, screamed 'kill me' in officer-involved shooting 7/21

» Initial Reaction Podcast: A dumb-sports-fan's guide to the Bucks arena financing situation 7/21

» JCC Maccabi Games will bring 1,000 teen athletes to the North Shore 7/21

» Glendale man turns craft beer into specialty malt vinegars 7/20

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

Local Business Directory

CONNECT    

Advertisement