ST. LOUIS (AP) -- Two brothers who operate several St. Louis businesses have pleaded guilty to tax evasion charges.
Federal prosecutors said Thursday that 62-year-old William Bialczak and his 49-year-old brother, Kenneth, both pleaded guilty to two felony counts. Sentencing will be Dec. 3.
The brothers are equal partners in St. Louis Metropolitan Towing, Parks Auto Sales and S&H Parking Systems. The U.S. Attorney's office says the businesses generated large amounts of cash from operation of parking lots in downtown St. Louis, vehicle sales and a towing operation that includes a contract with St. Louis police.
As part of their plea, the Bialczaks admitted that in 2005 and 2006, gross receipts for their businesses were underreported by about $1 million.
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