POSTED: 04:39 p.m. HST, May 18, 2012
LAST UPDATED: 05:57 p.m. HST, May 18, 2012
Car dealer Charles Alan Pflueger pleaded guilty in federal court this afternoon to filing a false income tax return for 2005 by not claiming as income personal and family expenses paid by his company.
He faces up to three years in prison, $250,000 fine and mandatory restitution when he is sentenced next January.
Randall Ken Kurata, chief financial officer of Pflueger Inc., also pleaded guilty this afternoon to filing a false corporate income tax return for 2003 for listing as deductions money the company paid for Pflueger's personal expenses.
As part of their plea deals with he government, both men have agreed to cooperate in the prosecution of the other defendants charged with tax fraud with them, including Pflueger's father James H. Pflueger.