Louisville Controller Pleads Guilty To Embezzlement And Tax Fraud
– Failed to pay taxes on fraudulently gained income
LOUISVILLE, KY – A Louisville man has pleaded guilty this morning in United States District Court to fraudulently obtaining $154,017.64 from his employer and failing to report the income on his federal income tax return announced David J. Hale, United States Attorney for the Western District of Kentucky.
According to a five count information, Brian Dale Case, age 33, while employed as controller of a Jeffersontown, Kentucky company fraudulently used company credit cards to make personal purchases and obtain cash advances without authorization from 2004 through 2008. Case also failed to report the $154,017.64 he fraudulently obtained from his employer on his federal income tax returns from 2004 to 2007. Specifically, that Case failed to report approximately $20,702 in income on Form 1040 for 2004, approximately $33,689 in income for 2005, $58,083 in income for 2006, and $38,143 in income for 2007. Case failed to pay and currently owes $47,892 in federal income tax to the Internal Revenue Service.
Case is facing a maximum penalty of 30 years in prison, a fine of $650,000 and a three year period of supervised release.
Sentencing is scheduled before U.S. Judge John G. Heyburn II, on November 21, 2011 at 10 a.m. in United States District Court, Louisville, Kentucky.
This case is being prosecuted by Assistant United States Attorney Bryan Calhoun and was investigated by the IRS Criminal Investigation Division and the United States Secret Service.