Acting U.S. Attorney William E. Fitzpatrick announced Tuesday the owner of The James Group, a consulting services company, pleaded guilty to evading taxes in 2009.

Oscar N. James Sr., 60, of West Orange, New Jersey intentionally under-reported income for tax years 2008 and 2009. He filed fraudulent tax returns for both of those years. James accepted responsibility for underreporting income totaling $173,796 for the 2009 tax year, which resulted in a loss of $61,046, according to court documents.

James was charged with tax evasion, which carries a maximum 5-year prison sentence. In addition to the prison sentence, James faces a $250,000 find. His sentencing hearing is scheduled for January 11, 2018.

Fitzpatrick credited the FBI, Criminal Investigation, IRS agents and the U.S. Department of Housing and Urban Development for the investigation that led to Oscar N. James’ guilty plea.

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