Developer pleads guilty to not paying taxes for workers
subscribeKansas City Business Journal
A Leawood developer pleaded guilty Tuesday to 14 criminal charges for failing to deduct and pay employment taxes for illegal aliens used for construction labor on luxury condominiums at the Lake of the Ozarks, Missouri Attorney General Jay Nixon said Tuesday.
Michael Schlup could face concurrent five-year sentences for each of the 14 counts, as well as $140,000 in fines and $24,873 in costs, when he is sentenced Oct. 17, Nixon said in a release.
Under terms of the plea agreement, Schlup's prison term may be suspended if Schlup pays all federal and state taxes and penalties before the sentencing date, but he will no longer be allowed to do business in Missouri once his current projects are finished.