SACRAMENTO, CA - A Granite Bay man has pleaded guilty to grand theft, misappropriation of sales taxes and failure to pay unemployment insurance contributions of more than $7 million, according to the state Board of Equalization (BOE).
Abolghassem (Abe) Alizadeh, 54, was owner and/or a franchisee of 71 Northern California California Jack in the Box restaurants and a developer.
BOE, the state Attorney General's Office, Employment Development Department and other state agencies launched an investigation into Alizadeh in April 2010,, according to BOE spokesman Jaime Garza.
Per the plea agreement, Alizadeh receives a continued sentence on the condition he pay $1.7 million in criminal restitution to BOE and EDD, Garza said. If the defendant fulfills that, he will be sentenced to three years probation. If not, he could face up to four years and four months in state prison.