Gleason Couple Plead Guilty to Tax Charge
Jackson, TN - Lawrence J. Laurenzi, U.S. Attorney for the Western District of Tennessee, announced today Jerry Wayne Esch and his wife, Marcia Kay Esch, of Gleason, Tennessee, pled guilty before U.S. District Judge J. Daniel Breen to one count of filing a false tax return with the Internal Revenue Service (IRS). Both of the Esches face a maximum penalty of 3 years in prison and a fine of $250,000 when they are sentenced on October 21, 2010.
According to an Information filed for the plea hearing, on September 15, 2004, the Esches filed a 2003 corporate return for their company, Esch and Poole, Inc., that underreported the corporations income by over $350,000.
According to plea agreements filed during the plea hearing, Jerry 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. Marcia Esch agreed to a tax loss of $521,598.40 based upon her relevant conduct pertaining to her 2003 personal income tax return, corporate income tax returns for Esch and Poole, Inc., for 2003 through 2006 and employment taxes for tax years 2005 through 2007.
This investigation was conducted by IRS Criminal Investigation. Assistant U.S. Attorney R. Leigh Grinalds represented the government.
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