Grimy Times has learned that a Madison County businessman will spend the next few years behind bars after failing to submit payroll taxes.
Gary Hunsche, 56, of Troy, Illinois, was sentenced to 48 months in prison for willfully failing to pay millions of dollars in employment taxes to the IRS.
The crime occurred between 2011 and 2016, when Hunsche withheld federal incomes taxes, Social Security, and Medicare taxes from his employees’ paychecks but never paid them over to the IRS, resulting in a loss to the United States in excess of $9.4 million.
“Tax fraud is not a victimless crime,” said U.S. Attorney Steven D. Weinhoeft. “Stealing from the public fisc hurts all Americans, and those who flaunt the federal tax laws will be prosecuted.”
As part of his sentence, Hunsche was also ordered to spend 18 months on supervised release. The investigation was conducted by IRS-Criminal Investigation.
Hunsche used approximately $4 million in unpaid payroll taxes for improvements to his personal residence, located on 41 acres in Troy, including an indoor basketball court, a barn, a lake, and partial construction of a home with a swimming pool.
The prosecution was handled by Assistant U.S. Attorneys Norman R. Smith and Luke J. Weissler.
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Key Facts
- State: Illinois
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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