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Ex Official Gets Prison Time For Tax Fraud
A one-time Montgomery County elected official who admitted hiding income from the Internal Revenue Service is going to prison. 39-year-old former Limerick Township Supervisor David Kane pleaded guilty to tax fraud in December in U.S. District Court in Philadelphia, and he will serve four years in federal prison followed by three years of supervised release. He must also pay the IRS more than a million dollars in restitution.
He and 41-year-old former Skippack Township Supervisor Mark Marino were partners in Kane Core Incorporated, a real estate development firm. A federal indictment said they used corporate funds to pay their personal expenses including housekeepers, a strip club, sports tickets and vacations and did not report the payments to the IRS. Marino is serving 13 months in federal prison.