Mission Hills businesswoman gets prison term in IRS case - KCTV5

Mission Hills businesswoman gets prison term in IRS case

Posted: Updated:
A Kansas City-area businesswoman has been ordered to spend a year and a half in federal prison for lying about her Cayman Islands interests used in a scheme to hide millions of dollars in secret offshore accounts. (KCTV5) A Kansas City-area businesswoman has been ordered to spend a year and a half in federal prison for lying about her Cayman Islands interests used in a scheme to hide millions of dollars in secret offshore accounts. (KCTV5)
KANSAS CITY, MO (AP) -

A Kansas City-area businesswoman has been ordered to spend a year and a half in federal prison for lying about her Cayman Islands interests used in a scheme to hide millions of dollars in secret offshore accounts.

Verna Cheryl Womack, 66, of Mission Hills was sentenced Monday in Kansas City. On Monday, she paid the $1.7 million in taxes that her attorneys and the U.S. government agreed she owed.

Womack pleaded guilty last year to a count of attempting to interfere with the administration of U.S. internal revenue laws. As part of a plea deal, prosecutors dropped nine other counts.

Court documents allege that Womack failed to report her offshore holdings as required by law in an effort to hide more than $6 million in income.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly
KCTV 5 News

Online Public File:
KCTV  KSMO

Powered by WorldNow CNN
All content © 2017, KCTV; Kansas City, MO. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.