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Press Release

Canton man pleads guilty to tax and money laundering charges

For Immediate Release
U.S. Attorney's Office, Northern District of Ohio

A Canton man pleaded guilty in federal court to failing to report more than $1 million in income over seven years, law enforcement officials said.

Paul G.A. Kasapis, 48, pleaded guilty to one count of income tax evasion, one count of the willful failure to collect and pay over employment taxes and two counts of money laundering.

Kasapis failed to pay over unreported personal income and unreported employee wages from PK Produce, Lucky Fox and El Dorado City of Gold resulted in a total criminal tax loss of approximately $533,434, according to court documents.

Kasapis is scheduled to be sentenced on April 25. 

Under the terms of his plea agreement, Kasapis will forfeit a residence in Cape Coral, Florida, and a Marriott Vacation Club timeshare account as properties derived from the proceeds of an illegal gambling business in violation of federal law.

This case is being prosecuted by Assistant U.S. Attorney Henry F. DeBaggis following an investigation by the IRS, Ohio Bureau of Criminal Investigation, Stark County Sheriff’s Office and Jackson Township Police Department.


Mike Tobin

Updated January 11, 2018

Financial Fraud