KC Real Estate Agent’s Tax Evasion Lands Him 3 Years, $400K in Restitution

A Kansas City real estate agent has been sentenced to federal prison for tax evasion. Joseph R. Fulgenzi, 54, of Kansas City, was sentenced by U.S. District Judge Greg Kays to three years and 10 months in federal prison without parole.

Fulgenzi pleaded guilty to tax evasion on August 1, 2012, and admitted to owing substantial income tax that he avoided reporting. Between 1992 and 2007, Fulgenzi had $672,447 in unreported income, resulting in a total criminal computation of $402,223, including taxes, penalties, and interest.

Fulgenzi’s history of non-filing and non-payment issues dates back to the 1980s, with the IRS civil collections involved with him since then. According to court documents, Fulgenzi repeatedly failed to cooperate and comply with court orders during civil collection efforts.

In order to conceal his assets, Fulgenzi diverted his real estate commissions and other income to his domestic partner, through whose bank account all of Fulgenzi’s personal expenses were funneled. The bulk of Fulgenzi’s income appears to have been spent on their home improvements and car payments, as well as their party lifestyle and trips.

Fulgenzi used his business and domestic partner to impede the IRS’s collection efforts and conceal his assets. This case was prosecuted by Assistant U.S. Attorney Roseann Ketchmark and investigated by IRS-Criminal Investigation.

The court ordered Fulgenzi to pay over $400,000 in restitution, bringing an end to his decade-long history of tax evasion. Fulgenzi’s sentence serves as a reminder of the consequences of tax evasion and the importance of complying with tax laws.

Assistant U.S. Attorney Roseann Ketchmark prosecuted the case, while IRS-Criminal Investigation conducted the investigation. The case highlights the importance of cooperation and compliance with tax laws, and the severe consequences for those who choose to evade them.