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 66° L 37°
Clear | 0MPH

Mequon woman pleads guilty to tax evasion

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

» Delivery man cited for swearing when woman asks him to move his truck 10:27 AM

» Preps football photos of the week: Sept. 19 9/19

» River Hills adopts sex offender zoning restrictions 9/18

» Sears will close Bayshore store 9/18

» Hassless Mattress opens 4 worker-less retail outlets 9/17

» Mequon named top K-12 district in state 9/16

» Brown Deer trustees approve Lighthouse project 9/15

» Preps football photos of the week: Sept. 12 9/12

» Banks delivers big run as Greenfield rallies 9/12

» Four-story assisted living center moves forward in Brown Deer 9/9

» Preps football photos of the week: Sept. 5 9/7

» Germantown football team rallies to beat Bay 9/6

» Despite another Herculean effort from Brown Deer's Baun, Rockets win thriller 9/6

» St. Monica to host car wash 9/5

» Upscale barber Groom will expand to Shorewood 9/3

» Poll: Will Whitefish Bay or Germantown win in Week 3 matchup? 9/2

» Preps football photos of the week: Aug. 29 8/29

» The social media story of Homestead at Arrowhead football 8/29

» Allen leads Homestead football team to 24-20 victory over Arrowhead 8/28

» Bay boys soccer team opens NSC defense with 3-0 win over GT 8/26

» Reward offered in search for suspect in Mequon heroin dealing 8/26

» Poll: Will Homestead or Arrowhead win in Week 2 matchup? 8/26

» Shorewood man accused of voter fraud pleads insanity 8/25

» Shorewood man charged with illegal voting enters insanity plea 8/25

» Bus driver dies after medical episode 8/25

View All Posts Got a tip? Welcome rss
Deal Watch - Milwaukee

Milwaukee's Best Discounts & Deals

Advertisement

Local Business Directory

CONNECT