Thursday, April 23, 2015

Logan County Man Sentenced in Kickback Scheme

A man from Logan County, West Virginia, was sentenced Wednesday to three years of probation and a $3,000 fine for his role in a kickback scheme at Arch Coal's Mountain Laurel Mine, according to a news release from U.S. Attorney Booth Goodwin's office.

Scott Ellis, 45, of Holden, West Virginia, previously had pleaded guilty in July of 2014 to structuring, a federal crime that involves the breaking down of cash banking transactions in amounts of $10,000 or less to avoid triggering a financial institution’s reporting requirements to the Internal Revenue Service (IRS).

Ellis has agreed to forfeit $215,355.85 to the United States, representing a portion of the funds involved in and traceable to structuring.