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.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PHOTOS: Honolulu Zoo welcomes new baby sloth
PHOTOS: Sunrise celebrates 10 years
PHOTOS: Hokulea heads to Haleiwa for statewide Mahalo voyage
PHOTOS: Keiki kane show off their conch shell blowing skills
PHOTOS: The Coco Palms Resort, 25 Years Later