ALBUQUERQUE, N.M. (AP) - The manager-operator of a bar in Espanola has pleaded guilty to violating federal tax laws and will have to pay nearly $298,000 to the Internal Revenue Service.
Prosecutors say 68-year-old Edward Albert Marquez entered his plea Friday.
They say he’s facing up to three years in federal prison on each of the two charges when he’s sentenced and must pay $297,842 in restitution.
Marquez was charged with underreporting the gross income generated by Club Tropicana for tax years 2007, 2008 and 2009.
In his plea agreement, Marquez admitted to skimming money from the bar and liquor store from 2007 to 2009.
He also was charged with taking cash from Club Tropicana’s gross receipts, deposited the money in his personal bank account and failing to report the income in his returns.
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