document: Cemetery owner pleads guilty in Memphis to tax evasion in trust fund case MEMPHIS , Tenn. - A cemetery owner charged with helping steal millions from funeral home trust funds has pleaded guilty to tax evasion . According to WMC-TV , 71-year-old Clayton Smart made the plea Friday as part of a larger deal reached earlier this year transferring the charge from Oklahoma to Memphis . Smart , a former Oklahoma oilman , faces up to five years in prison on the charge and a fine of $ 250,000 when he is sentenced June 30 . Smart was indicted in 2007 in Memphis , accused of diverting $ 20 million from cemetery trust funds . The cemeteries are in Tennessee and Michigan . Prosecutors in Oklahoma have said Smart filed a federal tax return for 2004 showing he had no income that year , but actually made more than $ 11 million and owed more than $ 4 million in taxes .
extractive_keyphrases: cemeteries income tennessee year prosecutors charge from steal trust cemetery pleaded part tax evasion memphis larger deal case federal tax smart made friday smart former oklahoma oklahoma 2007 prison 250000 indicted five years fine
abstractive_keyphrases: wmctv 71yearold cemetery owner funeral home trust memphis accused clayton smart made more than 11 million helping steal millions michigan prosecutors former oklahoma oilman faces cemetery owner charged federal tax return 2004 showing he had no income funeral home trust funds diverting 20 million cemetery trust funds in tennessee said smart filed memphis tenn pleaded guilty