OKLAHOMA CITY – An Oklahoma attorney has pleaded guilty for failing to pay employment taxes.
On March 21, a criminal investigation claimed Larry Doug Friesen failed to pay federal income taxes and taxes to the Federal Insurance Contributions Act.
According to the records, Friesen deducted and collected federal income taxes and FICA taxes from his employees’ paychecks but failed to pay the taxes to the IRS.
On Wednesday, Friesen pleaded guilty to three counts of willfully failing to pay employment taxes.
Under the terms of the plea agreement, Friesen agreed to pay $320,000 in restitution to the IRS.
He also faces a statutory maximum penalty of one year in prison per count, one year of supervised release per count and a maximum fine of $100,000 per count.
A sentencing hearing will be set in approximately 90 days.