Lawrenceburg man pleads guilty to wire and tax fraud

Posted at 9:29 AM, Jan 12, 2020
and last updated 2020-01-12 09:29:06-05

LEXINGTON. KY. (LEX 18) — A Lawrenceburg, Kentucky man is facing up to 23 years in prison and a maximum fine of $500,000 after pleading guilty to committing wire fraud and assisting in the preparation of a false income tax return.

Joseph G. Peavler, 53, admitted that between 2004 and 2018, he managed a warehouse owned by someone else. During this time, he devised a plan to rent space in the warehouse to two separate entities and keep the money for himself without knowledge by the owners. The fraud scheme was furthered by interstate wire communications. Peavler also admitted to failing to declare this rent money on his tax returns for each of the years he received the rent.

Peavler was indicted in October 2019 and is scheduled to be sentenced on May 1, 2020 at 10 a.m.