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Press Release
TRENTON – The owner of Kenal Enterprises LLC admitted today to filing false income tax returns for several years, U.S. Attorney Paul J. Fishman, District of New Jersey, and Assistant Attorney General Kathryn Keneally of the U.S. Department of Justice, announced.
Kenneth Morton of Pitman, N.J., owner of Kenal (d/b/a Ken Morton Roofing and Siding), a residential roofing company located in Pitman, pleaded guilty before U.S. District Judge Mary L. Cooper in Trenton federal court an information charging him with filing false income tax returns for tax years 2007 through 2009.
According to documents filed in this case and statements made in court:
From early 2007 through late 2009, Morton cashed $3,946,046 of Kenal’s gross receipts at a check cashing agency, the majority of which he did not deposit into his business bank account and did not report on his individual income tax returns. For the 2007, 2008, and 2009 tax years, Morton had unreported gross receipts of $1,343,348; $1,471,430; and $1,131,268, respectively, causing a loss to the IRS of $241,412.
Morton faces a maximum potential penalty of three years in prison and a fine of $250,000, along with restitution to the IRS. Sentencing is scheduled for Jan. 6, 2014.
Assistant Attorney General Keneally and U.S. Attorney Fishman credited special agents of IRS – Criminal Investigation, under the direction of Special Agent in Charge Shantelle P. Kitchen, for the investigation leading to today’s guilty plea.
The government is represented by Trial Attorneys Jessica Moran and Tino Lisella of the Justice Department’s Tax Division. Additional information about the Tax Division and its enforcement efforts may be found at www.justice.gov/tax.
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Defense counsel: Robert H. Williams Esq., Haddonfield, N.J.