BOSTON – The former project manager of a now-defunct luxury home building business in West Springfield, Mass., Jason Pecoy, 44, of Wilbraham, has been convicted following a five-day jury trial of conspiring to defraud the United States.
Pecoy, who was charged on June 7, 2024, with two counts of conspiracy to defraud the United States, faces sentencing on September 12, 2024. He is accused of participating in an elaborate scheme with his father and Kevin Kennedy to conceal money and maintain false books to avoid taxes for the construction of two luxury homes.
“Jason Pecoy decided that assisting in his father’s illegal efforts was more important than following the law,” said Acting United States Attorney Joshua S. Levy. “This conviction is a reminder to others that criminal actions have consequences.”
The IRS has shown its commitment to identifying and prosecuting tax law violators, as Special Agent in Charge Harry T. Chavis Jr. emphasized. Pecoy’s attempts to conceal income from the IRS were thwarted, highlighting the impact of tax evasion on public infrastructure and social welfare.
Pecoy was previously indicted in December 2019 along with his father, Kent Pecoy, and Kevin M. Kennedy for conspiring to defraud the United States by concealing cash payments for the construction of Kennedy’s homes. Kennedy was convicted and sentenced to 13 months in prison followed by three years of supervised release in April 2024, while Kent Pecoy pleaded guilty on May 16, 2024.
From 2009 through 2016, Kennedy paid the Pecoys in cash for construction work, which they failed to deposit into business accounts. Instead, they distributed the cash directly or deposited it in amounts below $10,000 to avoid currency transaction reports. The evidence showed that the Pecoys maintained false records and cover sheets to conceal these payments.
The charge of conspiracy to defraud the United States carries a maximum sentence of five years in prison, three years of supervised release, and a fine of $250,000. Sentences are determined based on U.S. Sentencing Guidelines and other statutory factors.
Related Federal Cases
- Topsfield Attorney John H. Molloy Jr. Sentenced in Tax Fraud Scheme · Massachusetts
- Dracut Attorney John F. Paczkowski Pleads Guilty to Tax Fraud · Massachusetts
- Andrew R. Bisignani Pleads Guilty to Tax Fraud · Massachusetts
- Boston Cab Owner Tutunjian Cops to Tax Evasion, Wage Fraud · Massachusetts
- Lydia Torres Sentenced in $393K Identity Theft Tax Fraud · Massachusetts
Key Facts
- State: Massachusetts
- Agency: DOJ USAO
- Category: Fraud & Financial Crimes|Public Corruption|White Collar Crime
- Source: Official Source ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
