BOSTON – The elected Chairman of the Needham Tax Assessors Office was sentenced yesterday for felony tax evasion.
U.S. District Court Judge Richard G. Stearns sentenced Kevin Foley, 56, of Needham, to 18 months in prison, two years of supervised release and $115,500 in restitution to the IRS. In July 2013, Foley pleaded guilty to three counts of felony tax evasion.
Foley misappropriated approximately$492,000 in funds belonging to an elderly Needham resident and failed to file taxes reflecting not only the misappropriated funds, but also the income he legally earned from the Town of Needham for tax years 2007, 2008, and 2009.
United States Attorney Carmen M. Ortiz, William P. Offord, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston, and Needham Police Chief Philip Droney, made the announcement. The case was prosecuted by Assistant U.S. Attorney Robert A. Fisher of Ortiz's Public Corruption and Special Prosecutions Unit.