Massillon Man Sentenced to More Than Three Years in Prison for Embezzlement and Tax Evasion
| U.S. Attorney’s Office January 17, 2014 |
A Massillon man was sentenced to more than three years in prison for defrauding four clients of $442,072, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
David Lee Cheviron, 61,was sentenced to 38 months in prison by U.S. District Judge Donald C. Nugent. The judge also ordered Cheviron to pay $442,072 to the victims and $85,616 to the IRS.
Cheviron was a financial consultant at First Merit Bank, Huntington Bank, and JP Morgan Chase Bank between 2006 and 2010, during which time he embezzled the money from the clients. Cheviron converted the money for his own personal use. He also failed to report the funds he received from the schemes on his federal tax returns, according to court documents.
He pleaded guilty last year to one count each of bank embezzlement and tax evasion.
This case is being prosecuted by Assistant United States Attorney Vasile C. Katsaros, following an investigation by the Federal Bureau of Investigation and the Internal Revenue Service.