Gleason couple sentenced on federal tax charges
Posted: Friday, February 4, 2011 9:06 pm
A Weakley County couple have been sentenced on federal tax charges.
Jerry Wayne Esch and his wife, Marcia Kay Esch, of Gleason were sentenced Thursday by U.S. District Judge J. Daniel Breen in Memphis.
Mrs. Esch was sentenced to serve 12 months and one day in prison, followed by one year of supervised release. She was also ordered to pay restitution of $521,598.40 to the Internal Revenue Service, according to the announcement of the sentencing from U.S. Attorney Edward L. Stanton III for the Western District of Tennessee.
Esch was sentenced to two years of probation, with the first six months to be served in home detention. He was also ordered to pay restitution of $164,344.00 to the IRS.
The Esches pled guilty July 19, 2010, to one count of filing a false income tax return with the IRS pertaining to the 2003 corporate return for Esch and Poole Inc.
According to the plea agreements, Esch agreed to a tax loss of $164,344.00 to the United States based upon his actions relating to corporate and personal tax returns for 2003, while Mrs. Esch agreed to a tax loss of $521,598.40 based upon her relevant conduct pertaining to her 2003 personal and corporate tax returns for Esch and Poole Inc., for 2003-06 and employment taxes for tax years 2005-07.
The investigation was conducted by IRS Criminal Investigation. Assistant U.S. Attorney Vic Ivy represented the government.
Published in The Messenger 2.4.11