John M. Kendall, the former CEO of poker chip company Chipco, could be spending time behind bars after being found guilty of tax evasion in the state of Maine.
John M. Kendall, the former president and owner of poker chip company Chipco, is in a spot of bother.
The 66-year old has been found guilty, by a jury, in the Pine Tree State, on three felony counts of theft by misapplication of withholding taxes, one felony charge of conspiracy to commit tax evasion, and five more misdemeanor charges related to less than legal methods of handling money that should’ve been handed to the tax man.
Kendall, of Yarmouth in Maine, was found guilty after a trial that lasted for six days. He could face a decade behind bars and be forced to repay the money that he stole from the state.