BOSTON (AP) _ The treasurer of Alexander Haig's 1988 presidential campaign pleaded guilty Monday to a charge of lying to the Federal Election Commission about illegal contributions by his employees.

Dominic J. Saraceno, 72, was released on his own recognizance pending sentencing April 24. He faces a maximum sentence of five years in prison and $250,000 in fines.

A 1993 federal indictment says Saraceno told employees at his development business to make $1,000 contributions to the Haig Committee, and then reimbursed them in violation of the Federal Election Campaign Act. Election laws prohibit individuals from contributing more than $1,000 to a federal campaign, as well as making contributions in other people's names.

Saraceno and others were accused of contributing more than $150,000 each to the Haig campaign through the paper donors.

Originally, Saraceno was charged with eight counts of conspiracy, making false statements, witness tampering and obstruction of proceedings. All except the single charge of making false statements were dropped, said Saraceno's attorney Morris Goldings.