Mukwonago man caught hiding over $500,000 in taxable income
WAUKESHA COUNTY -- 38-year-old Michael Gengler pleads guilty to tax fraud after working to hide over $500,000 in taxable income over four years. The Wisconsin Department of Revenue says Gengler claimed to have no income.
Gengler filed tax returns for 2005-2009 in May 2011 claiming he had no income. The Wisconsin Department of Revenue's investigation found Gengler made over $88,000 each year. He also received almost $50,000 from a pension or retirement fund. In the end Gengler owed the state $28,176 in tax income for these four years.
If convicted of tax fraud, Gengler could face up to 12 years in prison and $20,000 in fines.