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ESPN.com news services
Tuesday, October 28, 2008 ABINGDON, Va. -- 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 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. "We don't think Larry is guilty of what he's been accused ... Activate your ESPN Profile!
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