Related Federal Cases
- Janis Ann Edwards Pleads Guilty to $1M Tax Evasion Scheme · Oklahoma
- 23andMe Faces Legal Fire for Genetic Data Sale · Washington
- 23andMe Faces Lawsuit for Selling Genetic Data · Washington
- Tony Ha and Ten Others Indicted in Texas Prostitution Ring · Arkansas
- Yantis Gun Dealer Pleads Guilty To Federal Violations · Arkansas
Anadarko Man Pleads Guilty to Filing False Federal Income Tax Return
Oklahoma City, Oklahoma – In a shocking turn of events, Randel L. Stone, 43, of Anadarko, Oklahoma, has pleaded guilty to making a false statement on a Federal income tax return, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma.
Stone, the former owner of A Plus, Inc., a business that specialized in chemical spraying on trees and lawns, was charged with filing a false federal income tax return on May 13, 2013. The indictment claimed that Stone received substantially more income than he reported on his return.
At today’s plea hearing, Stone admitted to not reporting more than $100,000 in income from Public Service Company of Oklahoma (PSO) on his 2008 federal tax return. The income was paid to A Plus, Inc. as part of a civil judgment entered against Stone based on PSO’s claims that Stone obtained money through false A Plus invoices.
As part of a plea agreement, Stone has agreed to pay restitution to the IRS in the amount of his criminal conduct. The court will determine the specific amount of restitution due to the IRS at sentencing, which will take place in approximately 90 days. Stone also agreed to pay restitution to PSO in the amount of $290,000, reflecting the remaining balance of the civil judgment.
Stone faces up to three years in federal prison and a $250,000 fine at sentencing. The case is the result of an investigation conducted by IRS Criminal Investigation, and is being prosecuted by Assistant United States Attorney, Chris M. Stephens.
The guilty plea is a significant blow to Stone’s reputation and financial stability. It remains to be seen how the restitution payments will impact his personal and professional life in the long run.
As the investigation continues, one thing is certain: justice has been served for the victims of Stone’s tax evasion scheme.
RELATED: Fresno ‘Ghost Gun’ Dealer Catches 6 Years in Prison
RELATED: Violent Crime Wave Crushed in Southwest Missouri
Key Facts
- State: Oklahoma
- Category: White Collar Crime|Fraud & Financial Crimes
- Source: DOJ Press Release ↗
🔒 Get the grimiest stories delivered weekly. Subscribe free →
Browse More
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News