A Bowling Green man has been sentenced to nearly four years in federal prison for his involvement in wire fraud, money laundering, and tax evasion. Kenneth Ray Moore, 56, received a sentence of 3 years and 10 months followed by two years of supervised release.
U.S. Attorney Michael A. Bennett of the Western District of Kentucky announced the sentencing alongside Special Agent in Charge Karen Wingerd from the IRS Criminal Division's Cincinnati Field Office and U.S. Postal Inspector in Charge Lesley Allison from the Pittsburgh Division.
Moore faced charges including three counts of wire fraud, two counts of money laundering, and four counts of tax evasion. Court documents revealed that between October 2009 and May 2020, Moore embezzled $1,145,800 from his employer while serving as Vice President of Finance. He created a shell company named "KBM Solutions" to receive these funds before transferring them into his personal accounts.
Additionally, Moore failed to file personal income tax returns from 2013 to 2020, resulting in over $300,000 owed in unpaid taxes along with penalties and interest.
The court ordered Moore to pay restitution totaling $1,500,350.64—$1,158,194.80 for the embezzlement scheme and $342,155.84 for tax evasion.
"There is no parole in the federal system," emphasized officials involved in the case.
The investigation was conducted by the IRS Criminal Investigation Bowling Green Office and the USPIS Bowling Green Office. The prosecution team included Assistant U.S. Attorney Raymond McGee from Paducah Branch Office along with Assistant U.S. Attorneys Erin Bravo and Madison Sewell from Louisville Office.
