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London Doctor Sentenced For Evading Taxes

A London physician was sentenced to 18 months in prison to be followed by six months of home incarceration for evading federal income
taxes.

According to LEX 18, Werner Grentz, 64, was senteced on Thursday for tax evasion and was ordered to pay the IRS approximately $900,000 for owed taxes for the years 1999 to 2010.

According to the plea agreement, in one of these years, Grentz made $356,073 in taxable income while working as an independent physician contractor for a hospital in Jellico, Tenn., and a medical office in London, Ky.

Officials say Grentz previously admitted that he hid this income by having his earnings deposited into bank accounts of companies that he
controlled.

Grentz pleaded guilty to the charge in January 2013.

Under federal law, Grentz must serve 85 percent of his prison sentence, and following his release, he will be under the supervision of the U.S. Probation Office for three years, according to officials.

Filed under: Kentucky | Court cases


 
 

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