Des Moines Woman Sentenced to Prison for Filing a False Tax Return

DES MOINES, IA – Julilath Kouangvan, 46, of Des Moines, Iowa, was sentenced by Chief Judge John A. Jarvey on November 23, 2015, to 14 months’ in federal prison for filing a false tax return, announced Acting United States Attorney Kevin E. VanderSchel. Kouangvan also was ordered to serve one year of supervised release following her term of incarceration.

According to the Indictment, from approximately 2006 until at least 2009, Kouangvan solicited investment funds from individuals by promising a high rate of return. Unbeknownst to the individuals, the money was not invested by Kouangvan. Kouangvan admitted in her plea agreement that she failed to account in her 2009 tax return for the funds provided to Kouangvan. As part of her sentence, Kouangvan was also ordered to pay restitution in the amounts of $522,233.34 to the victims and $199,042 to the Internal Revenue Service.

This case was investigated by the Internal Revenue Service – Criminal Investigation, and the case was prosecuted by the United States Attorney’s Office for the Southern District of Iowa