Federal Grand Jury Indicts Bowling Green Man for Wire Fraud, Money Laundering, and Tax Evasion

Bowling Green, KY - A federal grand jury in Bowling Green returned an indictment yesterday charging a Bowling Green, Kentucky, man with wire fraud, money laundering, and tax evasion.

U.S. Attorney Michael A. Bennett of the Western District of Kentucky, Acting Special Agent in Charge Karen Wingerd of the Internal Revenue Service, Criminal Investigation, Cincinnati Field Office, and U.S. Postal Inspector in Charge Lesley Allison of the Pittsburgh Division made the announcement.

According to the indictment, from October 2009 and continuing until May 2020, Kennith Ray Moore, 55, committed wire fraud by engaging in a scheme to embezzle $1,145,800 from his employer. Specifically, the indictment alleges Moore caused his employer to issue checks to him and to "KBM Solutions," a company Moore created whose primary purpose was to receive the embezzled funds. The indictment further charges that Moore laundered money by transferring the embezzled funds to his personal checking, personal savings, and credit card accounts. The indictment also charges Moore with tax evasion for tax years 2017 to 2020.

If convicted, Moore faces a maximum sentence of 140 years in prison. A federal district court judge will determine any sentence after considering the sentencing guidelines and other statutory factors.

There is no parole in the federal system.

The case is being investigated by the IRS Criminal Investigation Bowling Green Post of Duty Office and the USPIS Bowling Green Office.

Assistant U.S. Attorney Madison Sewell, of the U.S. Attorney's Bowling Green Branch Office, is prosecuting this case.

An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

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