Thursday, October 2, 2008

"Dancing With The Stars," Season 5 Winner, Helio Castroneves, Facing Charges For Tax Evasion


The winner of season 5's Dancing With the Stars and pro-race car driver, Helio Castroneves is facing federal indictment charges. Castroneves is facing 7 charges, one for conspiracy and the six others for tax evasion. Katiucia Castroneves, Helio's sister and business manager is also facing charges as well as his attorney, Alan Miller.

The driver is accused of having earned $600,000 for a deal with Coimex, a Brazilian import and export company, but reporting only $50,000 of it. The U.S. officials also claim that, Helio's sister and lawyer “engaged in a scheme to avoid paying taxes on $5,000,000.” Helio, his sister, and his lawyer, allegedly developed a “deferred royalty plan,” according to officials. The three had Penske, who Helio races for, to send money to an offshore company.

Helio and Katiucia Castroneves face a maximum of five years in prison on the conspiracy charge and five years in prison on each of the six tax evasion counts. This totals 35 potential years in prison for the two. Alan Miller is only listed on 4of the 7 charges and could face 20 years.

Should of thought better than to hide money from the government.

Source: Access Hollywood