By NEMS Daily Journal
ABERDEEN – Jack Settles pleaded guilty Wednesday to one federal count of lying on federal tobacco tax reports.
Settles, for whom no age or place of residence was listed, made his guilty plea before U.S. District Judge Sharion Aycock.
The charge accused him of a scheme in 2008 from April into October of falsely reporting tobacco transactions by a Kentucky cigarette manufacturer and a Mississippi wholesale distributor.
He faces up to three years in prison and a $250,000 fine. He also may have to pay restitution.
Until he’s sentenced, he’s free on $10,000 bond.