San Antonio: 6th person guilty in $133M tax fraud

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Associated Press

Posted on January 17, 2014 at 10:32 AM

Updated Friday, Jan 17 at 10:32 AM

SAN ANTONIO (AP) — A sixth person has pleaded guilty in a $133 million tax fraud case in South Texas involving funds diverted from payroll and insurance programs.

Prosecutors in San Antonio say 61-year-old Larry W. Kimes pleaded guilty Thursday to tax fraud conspiracy and mail fraud conspiracy. Investigators say money was diverted between 2002 and 2008 for the personal use of Kimes and others, including Charles Pircher.

Pircher in November pleaded guilty to the same counts. Prosecutors say Kimes and Pircher managed some Professional Employer Organizations based in San Antonio.

Both men await sentencing and face up to 25-year prison terms plus making restitution. Four other people who also pleaded guilty have yet to be sentenced.

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