Rapid City business owner Asher Wagh was sentenced to federal prison for failing to pay over $250,000 in payroll taxes to the government. The co-owner of an ammunition component manufacturing company withheld money from employees’ paychecks between 2015 and 2017 but did not pay the IRS.
According to court documents, Wagh spent at least a portion of the money for his own personal use. In February 2021, a federal grand jury indicted him on 10 counts of failure to withhold, properly account for, and pay over tax. The company dissolved in July 2022 and Wagh pleaded guilty to one of the charges in October 2023. In exchange, the government agreed to drop the other nine charges.
At sentencing, Wagh faced a maximum of five years in prison, a $250,000 fine and up to three years of supervised release. Chief Judge Roberto Lange sentenced him to 14 months in federal prison followed by two years of supervised release. Wagh is currently being held at the Pennington County Jail awaiting transportation to a federal prison.
The Office of Attorney General provides South Dakota crime statistics for more information. For more details, contact Shalom Baer Gee at email@example.com