Maui businessman pleads guilty in $2.3M tax fraud - Hawaii News Now - KGMB and KHNL

Maui businessman pleads guilty in $2.3M tax fraud

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HONOLULU (AP) - A Maui businessman is pleading guilty to tax felonies related to a scheme to falsely claim the Internal Revenue Service owed him refunds totaling more than $2.3 million.

The U.S. Attorney's office in Hawaii says Charles Loewen pleaded guilty Thursday to conspiring to defraud the United States and filing a false claim for tax refunds from the IRS.

Prosecutors say Loewen and his wife conspired to in a scheme to falsely claim they were owed a large refund. Prosecutors say he created fake tax documents.

The 57-year-old is the owner of Paradise Stone & Tile.

Prosecutors say he also tried to conceal income from that business.

He faces a maximum term of five years in prison on each of the two charges when he's sentenced on July 3.

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