Former 5LINX owner pleads guilty to wire fraud, tax charges
Rochester, N.Y. - A second former owner of local company 5LINX has pleaded guilty to charges stemming from what prosecutors call a mutli-million dollar marketing scheme.
Jeb Tyler, 45, pleaded guilty Wednesday to conspiracy to commit wire fraud and filing a false tax return.
Tyler, Craig Jerabeck and Jason Guck were part of a 37-count federal indictment. Prosecutors say Tyler and the other defendants conspired to have a Florida vendor pay them personally, or companies which they owned, more than $2.3 million. Those funds were meant to be distributed to 5LINX, its investors and shareholders, and not to the three defendants.
Tyler admitted to his role in the scheme, as well as to providing false information on his tax returns.
Jerabeck previously pleaded guilty to wire fraud and filing a false tax return. Charges against Guck are still pending.
Sentencing is scheduled to take place in September.