NEW ORLEANS (AP) - Federal prosecutors say a New Orleans businessman has pleaded guilty to wire fraud and failing to pay taxes.
U.S. Attorney Kenneth A. Polite says Jason C. Doyle, 38, pleaded guilty Tuesday to the charges.
Prosecutors accused Doyle of defrauding three investors who paid him for a restaurant franchise. He is accused of defrauding the investors of more than $888,000.
In 2010, prosecutors say, Doyle also deducted federal taxes from his employees’ wages. But they say he failed to pay over the employee taxes to the Department of Treasury. Prosecutors say the taxes due exceed $105,000.
U.S. District Judge Sarah S. Vance set a sentencing for Aug. 16.
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