Jeff Ruby Culinary Entertainment

Opticare Vision/Express Mobile Transport

Thursday, May 27, 2021

Fort Thomas Man Pleads Guilty to Wire Fraud and Tax Evasion

Fort Thomas business owner Kevin R. Welsch pleaded guilty today to federal charges of wire fraud and tax evasion.

Does this story bring some value to you? Please consider a small donation to help fund our content. We rely solely on support from our advertising partners, providing our content for free. Any amount helps. Click here to donate!

 

Kevin R. Welsch, 48, of Ft. Thomas has pleaded guilty today to federal charges of wire fraud and tax evasion.

In his guilty plea, Welsch admitted defrauding clients of the debt collection business he owned and operated, RCC Services, Inc. Specifically, he admitted to collecting debts on behalf of creditors and keeping the money for his own use. He also admitted to collecting more than debtors owed (sometimes making multiple, unauthorized debits from their accounts) and charging his clients for fees/expenses that he never actually incurred. Finally, Welsch admitted evading taxes in the process.

Welsch's Fort Thomas home and office were raided by the federal agencies in April 2019.

Lori Kott says she is one of RCC Services victims. She owns an industrial coating business in Orange County California. She said that she found Welsch's Fort Thomas business by googling collection firms that had the capability of collecting debts nationwide. 

She said that she originally contacted him to collect two debts: one for $5,400 and one for $3,400.

"I can see why he's able to get people. He's charming, he's nice, but he's a pathological liar," she said. 

Kott said that the money that her company was out wasn't enough to cripple her business, but it was the principle of the matter. "I was very upset about being taken advantage of. When I heard that other people were victims, I wanted to do what I could to prevent him from harming other people."

Kott said she set out on a mission to find other victims, many of them local people from Northern Kentucky. Once she was able to compile a list, she contacted then-Detective Derek Faught of Fort Thomas Police. 

"Derek was very important to this. I could not get anyone to listen to me and Derek listened. He took the time to go through everything and comb through all documentation. He was instrumental in getting this case where it needed to go."

"It was worth every minute of time and effort. He picked the wrong person," said Kott. "He's harmed a lot of other people, and I'm happy he's not going to get away with it."

Carlton S. Shier, IV, acting United States attorney for the Eastern District of Kentucky; Bryant Jackson, special agent in charge, IRS – Criminal Investigation; James Robert Brown, Jr., special agent in charge, FBI Louisville Field Office and Casey Kilgore, chief of police, Fort Thomas Police Department, jointly made the announcement.

The investigation was conducted by the IRS CI, the FBI, and the Fort Thomas Police Department. The United States was represented in the case by Assistant United States Attorney Elaine K. Leonhard.

Welsch is currently scheduled to appear for sentencing before United States District Court Chief Judge Danny C. Reeves in Covington, on September 2, 2021, at 10 a.m. Welsch faces a maximum of 20 years in prison. However, any sentence following conviction would be imposed by the Court, after its consideration of the United States Sentencing Guidelines and the federal statute governing the imposition of sentences.

1 comment:

  1. I am happy he will be sent to prison for his crimes. I was a victim of his thievery. He is a horrible person.

    ReplyDelete