Owner of Aerospace Company Pleads Guilty To Filing False Tax Return

WICHITA, KAN. - The owner of a Wichita-based aerospace company pleaded guilty Monday to filing a false federal tax return, U.S. Attorney Tom Beall said.

John J. O’Neill, 62, Wichita, Kan., president of Omni Aerospace, Inc., pleaded guilty to one count of making a false statement on a federal tax return. In his plea, he admitted he filed a return seeking s special depreciation allowance of more than $2.7 million to which he was not entitled.

The judge will determine at sentencing how much O’Neill owes in taxes. Sentencing is set for Jan. 17, 2017. He faces a penalty of up to three years in federal prison and a fine up to $250,000.

Beall commended the Internal Revenue Service and U.S. Attorney Alan Metzger for their work on the case.