Tarek Elka-Frawi pleads guilty in federal court last week to 53 counts related to a federal indictment. The charges range from money laundering to mail fraud.
His wife also pleaded guilty to two charges. He could face up to 65 years in prison.
You may remember back in 2011, the FBI raided several IHOP restaurants, including the one in Evansville. That investigation uncovered a conspiracy to allegedly hide profits from the IHOP parent company.