Oil company owner takes plea deal for defrauding state of Michigan

GRAND RAPIDS, Mich. (WOOD) — The former owner of an oil and gas company based out of Colorado has agreed to a plea deal for defrauding the state of Michigan out of tax revenue.

The Office of Michigan Attorney General Dana Nessel announced the agreement on Wednesday.

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Frank Stevens, from Bow Mar, Colorado, pleaded guilty to one misdemeanor count of making a false statement involving oil or gas and has agreed to pay $15,000 in restitution.

“If the restitution is paid in full and Stevens has no new contacts with the criminal justice system, the People have agreed that Stevens will be sentenced on one count of False Weights and Measures, a 90-day misdemeanor,” Nessel’s office said in a statement…

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