ATTORNEY CHARGED WITH THEFT OF OVER $800,000 OF CLIENT FUNDS
GRAND RAPIDS, MICHIGAN – Kenneth Walter Hoesch, 59, of Zeeland, Michigan, was charged with operating a mail fraud scheme in a single count Indictment. The Indictment alleges that Hoesch, who was an attorney licensed in the State of Michigan, converted over $800,000 from estate planning trusts he had set up for his clients, U.S. Attorney Donald A. Davis announced today.
Mr. Hoesch faces a maximum criminal penalty of twenty years imprisonment, a term of supervised release of three years, restitution of over $800,000, a fine of $250,000 and a mandatory special assessment of $100.
This case is being investigated by the Ottawa County Sheriff’s Department, the United States Secret Service, the United States Postal Inspection Service and the Criminal Investigation Division of the Internal Revenue and is being prosecuted by Assistant U.S. Attorney Michael MacDonald.
The charges in an indictment are merely accusations, and the defendant is
presumed innocent until and unless proven guilty in a court of law.