- Associated Press - Wednesday, July 22, 2015

MARTINSBURG, W.Va. (AP) - The founder of a Hampshire County company faces up to three years in prison after pleading guilty to a tax charge.

Jolin Concrete Industries, Inc. founder and majority owner Joseph H. Frye admitted in federal court that he understated the company’s taxable income on an income tax return filed for the 2012 tax year.

U.S. Attorney William J. Ihlenfeld II says Frye also converted corporate profits for his own use.

The 71-year-old Augusta resident pleaded guilty on Monday to filing a false income tax return.

Frye also faces a fine of up to $100,000.

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