Iowa County Resident Pleads Guilty to Filing Fraudulent Income Tax Return, Fails to Report Embezzlement Income

Madison, WI – Kyle Carden pled guilty to one felony count of filing a fraudulent Wisconsin income tax return in Iowa County Circuit Court earlier this month. Carden was charged with two additional counts of filing fraudulent income tax returns, but those charges were dismissed as part of a plea agreement.

According to the criminal complaint, Carden failed to report embezzlement income of $23,859 and other self-employment income of $33,441, for a total of $57,300 of unreported income. By failing to report the income, Carden underreported his Wisconsin income tax liability by an estimated $3,238. In the embezzlement scheme, Carden made 33 credit card charges to his personal point-of-sale system using a previous employer’s credit card. Carden changed the company name on the point-of-sale system to names similar to vendors that the previous employer used.

These charges are the result of an investigation by the Wisconsin Department of Revenue (DOR) Office of Criminal Investigation Fraud Unit and the Iowa County District Attorney’s Office prosecuted the case.

The Wisconsin Department of Revenue Office of Criminal Investigation investigates individuals and businesses suspected of committing tax crimes and seeks criminal prosecution for those crimes. To report tax fraud, go to www.revenue.wi.gov and click the “Report tax fraud” link under Quick Links.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.