Sixty-Six-Year-Old Owner Sentenced for Tax Fraud | Jefferson City News

A 66-year-old Missouri business owner, Kathryn Cunningham, faces 18 months in federal prison after pleading guilty to wire fraud and tax evasion — she diverted client funds meant for payroll taxes into her own pocket, leaving her company $1.377 million in debt. Despite borrowing to stay afloat, she stopped paying clients’ taxes altogether and tried to cover her tracks by asking them to pay early. Now, she’ll also serve three years of supervised release and must repay the stolen money — a stark warning about the consequences of financial mismanagement. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8841f101179add31