Skip to main content
Press Release

Former Shawano Man Found Guilty in Federal Court of Three Counts of Tax Evasion

For Immediate Release
U.S. Attorney's Office, Eastern District of Wisconsin

United States Attorney James L. Santelle announced today that on February 13, 2013, a federal jury in Green Bay, Wisconsin found Kalmar Gronvall guilty of three counts of tax evasion.  Gronvall (age: 68) who previously resided in Shawano, Wisconsin, was convicted of attempting to evade more than $430,000 in federal taxes he owed for the years 2006 - 2008.

Gronvall operated an internet business known as The Gold and Silver Exchange through which he sold gold and silver coins, as well as other precious metals.  During the years 2006 - 2008, Gronvall had sales totaling more than $7 million and earned more than $1.3 million. Despite this, Gronvall failed to file federal income tax returns reporting his income or paying his associated taxes.

In an effort to evade his taxes, Gronvall withdrew most of his income from bank accounts he controlled, converted his profits to cash, and used a bank account set up in his son’s name to conduct business.

Special Agent in Charge Kelly R. Jackson, who heads the Internal Revenue Service Criminal Investigation office in Green Bay, said an IRS criminal investigator worked diligently to unravel Gronvall's scheme, adding "We are pleased the jury saw past the tricks and deceit Mr. Gronvall used to conceal his crimes and returned a verdict of guilt."

This case was prosecuted by Assistant United States Attorney Matthew L. Jacobs.  Gronvall, who is in custody, faces up to 5 years in prison and a fine of up to $250,000 on each count.  His sentencing is set for May 13, 2013.

Updated January 29, 2015