A judge denied a Lake in the Hills man’s request to have his conviction sealed after he received prison for defrauding the state out of over $3 million in tax revenue while owning almost a dozen Denny’s restaurants. Kenneth Kilberger, 56, of Lake in the Hills, was charged in McHenry County Circuit Court on June […]
Tag: tax evasion
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Doctor from Lake Forest sentenced to nearly 3 years in prison for evading $1.6 million in taxes, lying to IRS
A medical doctor and resident of Lake Forest has been sentenced to nearly three years in federal prison for evading $1.6 million in taxes by hiding assets and lying to the IRS. Krishnaswami Sriram, 67, a Lake Forest resident and a medical doctor, pleaded guilty to tax evasion in March in the United States District […]
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Lake in the Hills businessman seeks to have conviction sealed for defrauding state of $3 million while owning restaurants
A Lake in the Hills man is seeking to have his conviction sealed after he received prison for defrauding the state out of over $3 million in tax revenue while owning almost a dozen Denny’s restaurants. Kenneth Kilberger, 56, of Lake in the Hills, was charged in McHenry County Circuit Court on June 30, 2022, […]
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Doctor from Lake Forest pleads guilty to evading $1.6 million in taxes by hiding assets, lying to IRS
A medical doctor and resident of Lake Forest has pleaded guilty in federal court to evading $1.6 million in taxes by hiding assets and lying to the IRS. Krishnaswami Sriram, a Lake Forest resident and a medical doctor, pleaded guilty to tax evasion last week in the United States District Court for the Northern District […]
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Former state senator Terry Link from Vernon Hills sentenced to probation on federal tax evasion charges
Terry Link, the state senator from Vernon Hills who resigned, was sentenced Wednesday to probation after he pleaded guilty to federal tax evasion for underreporting his income. Link, 76, of Vernon Hills, was charged in the U.S. Northern District Court of Illinois on August 13, 2020, with one count of filing a false tax return. […]
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Feds charge Lake Forest doctor in alleged scheme that defrauded IRS out of $1.6 million in taxes
A doctor from Lake Forest, who was convicted 20 years ago of Medicare fraud, is facing federal charges after prosecutors say he defrauded the IRS out of $1.6 million in taxes. A federal grand jury returned an indictment Friday charging Krishnaswami Sriram, 64, of Lake Forest, with tax evasion, filing false tax returns and assisting […]
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4 years in prison for Lake in the Hills man, owner of Denny’s restaurants, who defrauded state of $3M in tax revenue
A Lake in the Hills man, who is the owner of numerous Denny’s restaurants, has been sentenced to four years in prison for defrauding the state out of more than $3 million in tax revenue. Kenneth Kilberger, 53, of the 1000 block of Mason Lane in Lake in the Hills, was formally charged in McHenry […]
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2 years in federal prison for Libertyville business owner who evaded more than $2.4 million in taxes
A Libertyville business owner was sentenced to two years in federal prison on Tuesday for failing to report nearly $10 million in income and failing to pay more than $2.4 million in state and federal taxes. Anthony D. Panico, 68, of Libertyville, pleaded guilty to one count of tax evasion in May. On Tuesday, U.S. […]
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Libertyville business owner pleads guilty to evading more than $2.4 million in taxes
A Libertyville business owner pleaded guilty to tax evasion for failing to pay more than $2.4 million in state and federal taxes over a span of several years, prosecutors said. Anthony D. Panico, 68, of Libertyville, pleaded guilty to one count of tax evasion, which is punishable by up to five years in federal prison. […]