A Kenosha businessman accused of violating campaign finance laws will plead guilty to reduced charges.

Documents filed in federal court Friday show millionaire trucking company owner Dennis Troha has agreed to plead guilty to two misdemeanor charges, admitting that he violated campaign finance laws. More serious charges will be dropped, in exchange for also cooperating with the FBI.

Troha was indicted earlier this year on charges that he exceeded campaign contribution limits to Governor Doyle and President Bush, by having family members donate money for him so he could get around a $10,000 contribution limit. Troha was accused of using family members to donate at least $100,000 more.

At the time of the donations, Troha was working with the Menominee Tribe to get approval for a Kenosha casino. However, Troha sold his interest in the projects shortly before he was indicted.

In a statement, Troha admitted his guilt. He also expressed relief about reaching a resolution in the case.

Troha could face up to two years in prison and a $200,000 fine on the reduced charges. 

AUDIO: Andrew Beckett reports (MP3 :52)

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