MISSOURI: Area Developer Who Employed Undocumented Workers, Pays More Than $980,000

[Omaha Steve]

http://ubcnewsroom.com/camdenton%2C-mo%3A-real-estate-developer-who-hired-undocumented-workers-faces-tax-related-criminal-charg

Attorney General's News Release

December 17, 2007

Nixon convicts Lake-area developer who employed undocumented workers; Defendant pays more than $980,000
Lebanon, Mo. — A developer of luxury condominiums at the Lake of the Ozarks who employed as many as
30 undocumented workers was sentenced today on State tax charges. Michael G. Schlup, of Leawood, Kan.,
was sentenced by Circuit Judge Stanley Moore in a case brought by Attorney General Jay Nixon and Camden
County Prosecuting Attorney Jim Icenogle.



Nixon and Icenogle charged Schlup in April 2006 with 12 felony counts of failure to deduct Missouri employer withholding tax, one felony count of failure to file a Missouri employer withholding tax return, and one felony count of failure to pay Missouri employer withholding tax. On June 26, 2007, Schlup plead guilty to all 14 felony counts. Schlup’s businesses, Schlup Investments Inc. and Plaza Gardens on the Lake Inc. were involved in the construction of the Plaza Gardens on the Lake condcondominium complex located near Sunrise Beach.

Schlup was ordered to pay a $140,000 fine and $24,873 to cover the costs of prosecution. A five year term in the Department of Corrections was suspended by the Court and Schlup was placed on probation. Nixon also required Schlup pay more than $815,000 in state and federal taxes, interest and penalties since his guilty pleas and Schlup is barred from conducting business in the state of Missouri.

FULL story at link.

[ingac70]

1. Excellent! n/t.