Former Knoxville car dealership owner pleads guilty to tax evasion, theft

Local News
YAWAR-SHEIKH_1536170482842.jpg

KNOXVILLE, Tenn. (WATE) – The former owner of a Knoxville car dealership pleaded guilty Friday to charges related to tax evasion.

Yawar Sheikh, 63, the former owner of Shimla Auto Sales, pleaded guilty to several felony counts of tax evasion and a felony theft charge over $60,000.

Sheikh must pay restitution and serve seven years of supervised probation.

He was indicted by a grand jury in May 2018 on around three dozen charges after investigators said he filed fraudulent sales tax returns.

Sheikh could have faced up to 78 years in prison if he had been found guilty at trial.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

WATE 6 On Your Side Twitter

WATE 6 Storm Weather School