LEXINGTON, Ky. (WTVQ) – Warren Griffin, II, of Lancaster, pleaded guilty in federal court Thursday to his role in a $15 million tax fraud case, according to prosecutors.
As part of his plea deal, Griffin agreed to pay $2.8 million in restitution to the IRS.
According to his plea agreement, Griffin recruited and paid associates to open staffing companies and bank accounts, whose primary purpose was to hide from the IRS the fact that Griffin and Clarence Michel, Jr’s businesses had failed to pay $14,671,184 in federal payroll taxes. Griffin obtained $2,118,584 of that money, according to prosecutors.
During that time, Griffin also underpaid his personal federal income taxes by $700,428, according to prosecutors.
Michel had already pleaded guilty and was sentenced to 71-months in federal prison and ordered to pay more than $19 million in restitution.
Griffin is scheduled to be sentenced September 11, 2019. He faces up to 5-years in prison and a maximum fine of $250,000 or twice the amount of the loss.