Businessman accused of underreporting tax returns by $1 million

 

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Date: September 10, 2021

Contact: newsroom@ci.irs.gov

Wichita, Kansas — A federal grand jury in Wichita returned an indictment charging a Missouri man with five counts of false statement in a tax return.

According to court documents, Kenneth Madl of Joplin, Missouri, is the owner of Madl Construction, a company based in Pittsburg, Kansas. Madl allegedly submitted 2015, 2016, 2017, 2018, and 2019 tax returns to the Internal Revenue Service that underreported the company's gross income by a total of more than $1 million.

The IRS Criminal Investigation is investigating the case.

Assistant U.S. Attorney Alan Metzger is prosecuting the case.

An indictment is merely an allegation and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.