A Bowling Green resident, Kenneth Ray Moore, has been sentenced to 3 years and 10 months in federal prison for his involvement in wire fraud, money laundering, and tax evasion. The announcement was made by U.S. Attorney Michael A. Bennett of the Western District of Kentucky, alongside Special Agent in Charge Karen Wingerd from the Cincinnati Field Office of the IRS Criminal Division and U.S. Postal Inspector in Charge Lesley Allison of the Pittsburgh Division.
Moore, aged 56, received his sentence for three counts of wire fraud, two counts of money laundering, and four counts of tax evasion. According to court documents, Moore embezzled $1,145,800 from his employer between October 2009 and May 2020 while serving as Vice President of Finance. He facilitated this by directing his employer to issue checks to "KBM Solutions," a shell company he created to funnel the stolen funds into his personal accounts.
Additionally, Moore failed to file personal income tax returns from 2013 to 2020 and accumulated over $300,000 in unpaid taxes along with penalties and interest. Consequently, he has been ordered to pay restitution amounting to $1,158,194.80 for the embezzlement scheme and $342,155.84 for tax evasion—a total restitution sum of $1,500,350.64.
The investigation was conducted by the IRS Criminal Investigation Bowling Green Office and the USPIS Bowling Green Office. Assistant U.S. Attorney Raymond McGee from the Paducah Branch Office along with Assistant U.S. Attorneys Erin Bravo and Madison Sewell from the Louisville Office prosecuted the case.
There is no parole available in the federal system.