New West Virginia Mining Co. has agreed to pay $731,581 and forfeit a 2011 Nissan 370z sports car Horvath purchased to the government as part of the corporate plea agreement, according to the release.
Others in hot water over the scheme were Trent, Jill Sells, 28, of Montcalm and Steven Rocky Justus, 53, of Pounding Mill, Va.
Sells, Horvath's friend, pleaded guilty in February 2012 to conspiring with Horvath to structure cash withdrawals from the banks. She was sentenced to 18 months in prison on November 2012.
Justus, New West Virginia Mining Co.'s superintendent, pleaded guilty in June 2012 to federal income tax evasion. He was sentenced to a year in federal prison in October 2012.
Justus admitted that he and Trent agreed his wages would be paid through the defunct-Ruby Helen Coal Co., allowing Justus to evade paying his personal income taxes. The agreement also allowed New West Virginia Mining to avoid payroll taxes for Justus.
Trent pleaded guilty in June to income tax fraud. He faces up to three years in federal prison and a $250,000 fine when he's sentenced on Oct. 24.
Trent sold the lease and accompanying mining permits of a McDowell County based mining company he formerly owned in November 2007 for $100,000. He was paid with a personal check, but he reported no earnings when he filed his 2008 personal income returns.
Horvath faces up to three years and a $250,000 fine when she is sentenced Nov. 14.
The IRS investigated the matter. Assistant U.S. Attorney Thomas Ryan handled the prosecution.
Contact writer Ashley B. Craig at ashley.cr...@dailymail.com or 304-348-4850.