This week a federal grand jury in Springfield convicted Kevin Kennedy of conspiracy to defraud the U.S. and making false statements to a federally insured institution.
Kennedy, an East Longmeadow resident, managed Franconia Golf Course and Veterans Memorial Golf Course (both owned by the City of Springfield) through his corporation Golf Management, Inc.
According to a press release published by the U.S. District Attorney’s office,
Kennedy conspired with two individuals to evade taxes he owed on money received from his company. Kennedy paid for, mostly in cash, the construction of two custom homes in East Longmeadow and on Cape Cod. To induce the bank to provide him a mortgage for part of the East Longmeadow home, Kennedy submitted a home purchase contract to the bank that falsely reflected a total purchase price reduced by the $160,000 cash downpayment he had made.
Prior to his trial,
Kennedy pleaded guilty to four counts of filing a false individual income tax return for 2011 through 2014, during which he also admitted to filing a false return in 2009 and 2010. For each of those years, Kennedy did not report to his return preparer all of the cash and checks his management company received from his operation of the golf courses.
Kennedy will be sentence in March 2024. He could receive up to 30 years in federal prison.