Our privacy policy has changed. By using this site, you agree to the Privacy Policy and Terms of Use. Dismiss

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.

Community Watch

» Nicolet School Board approves shared superintendent agreement with Fox Point-Bayside Updated:  4/30

» Solar energy interest is heating up in Shorewood 4/27

» North Shore Sports Shorts: April 28 4/27

» DOT to host hearing on intersection of Brown Deer, Green Bay roads 4/27

» Soccer rivalry heats up on cold night as Nicolet and Bay girls tie, 1-1 4/27

» Youthful Nicolet soccer team off to 8-1 start 4/26

» 26-year-old killed in shooting on Glendale border 4/26

» Teachers continue scholarship program on their own 4/26

» Davis officially retires as Nicolet swim coach 4/26

» New version of Peter Pan to debut at Homestead High School 4/26

» Shorewood's former Village Pub will reopen in May as Cloud Red Updated:  4/26

» Whitefish Bay restaurant Moxie to open in late summer 4/25

» Shared superintendent proposal between Fox Point-Bayside and Nicolet weighed Updated:  4/25

» Initial Reaction Podcast: Previewing NFL Draft with Rob Reischel and Nathan Tanguay 4/25

» How referendums expand the gap between haves and have-nots 4/23

» Whitefish Bay ranked top high school in Wisconsin Updated:  4/22

» Fox Point-Bayside board wants to hire Nicolet administrators under shared services agreement Updated:  4/22

» Shorewood schools cracking down on false addresses Updated:  4/21

» Initial Reaction Podcast: Realignment in area conferences and the status of girls/women's basketball in Wisconsin 4/21

» SPORTS SHORTS: April 21 4/20

» Competition fierce in North Shore Conference boys golf this spring 4/20

» North Shore area boys tennis teams ready to roll 4/20

» Video: Bavarian Bierhaus to open with new beer hall, brewery in Glendale Updated:  4/20

» Brown Deer has secret sculpture garden 4/20

» Homestead girls soccer team hangs on to beat Germantown, 3-2 4/19

View All Posts Got a tip? Welcome rss

Advertisement

Advertisement

CONNECT    

Advertisement

Most Popular