A former project manager of a luxury homebuilding company in West Springfield, Massachusetts, has been sentenced for his involvement in a conspiracy to defraud the United States. According to an announcement by the U.S. Attorney's Office in Massachusetts, Jason Pecoy, 44, has received a sentence of two years of probation and has been ordered to pay a fine of $7,500. A federal jury convicted Pecoy of two counts of conspiracy back in June 2024, but he managed to avoid the recommended sentence of 21 to 27 months in prison followed by a three-year supervised release period.
The case against Pecoy stemmed from charges related to his work with Kent Pecoy and Sons Construction Inc. (KPSC), where he and his father, Kent Pecoy, along with another co-conspirator, Kevin M. Kennedy, attempted to hide cash payments made for the construction of Kennedy's homes. The trio was indicted in December 2019 and faced charges in a superseding indictment in January 2020. Their tactics included avoiding currency transaction report filings by depositing amounts less than $10,000 and creating false entries in the company's accounting system, according to a statement from the Justice Department.
Earlier this year, co-defendant Kevin M. Kennedy was convicted of similar charges and received 13 months in prison and three years of supervised release. Kent Pecoy, who pleaded guilty to two counts of conspiracy and one count of making a false statement to a federally insured financial institution in May 2024, was sentenced to one day of time served and two years of supervised release. He also faces a $24,000 fine and $35,982 in mandatory restitution.
During the trial, evidence showed that from 2009 through 2016, Kennedy conspired with the Pecoys to obstruct and impede the Internal Revenue Service. Acting U.S. Attorney Joshua S. Levy and IRS Criminal Investigation Boston Field Office’s Special Agent in Charge Harry T. Chavis Jr. announced the sentences, while Assistant U.S. Attorneys Steven H. Breslow and Neil L. Desroches, along with Trial Attorney Eric B. Powers of the Justice Department's Tax Division, were in charge of prosecuting the case.
