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Oct 29th, 2008 | Filed under NASCAR News

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Oct 29th, 2008 | Filed under NASCAR News

Larry McClure, a founding member of Morgan-McClure Motorsports, was indicted Tuesday on charges of federal tax law violations.

An indictment returned by a federal grand jury in Abingdon on Tuesday charged McClure with multiple counts of mail fraud, filing a false tax return, obstructing a tax investigation, money laundering and one count of wire fraud.

McLure faces up to 115 years in prison and a $2.75 million fine if convicted.

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Oct 29th, 2008 | Filed under NASCAR News