Helio Castroneves Tax Fraud
Helio Castroneves was indicted on October 2, 2008, with tax evasion and fraud charges. According to various news agencies, Castroneves was charged with six counts of tax evasion for failing to report close to $5.5 million to the IRS between 1999 and 2004. Castroneves's business manager and sister also faces the charges. If found guilty, each count could mean a maximum five-year prison sentence.1 Castroneves pled not guilty to all counts on October 3.2
Fast Facts
- Castroneves was the season five winner of Dancing With The Stars
- He is a professional race car driver
- Indicted by a federal grand jury
- Faces one count of conspiracy and six counts of tax evasion
- Allegedly failed to pay over $5 million in taxes
- Pled not guilty on October 3, 20082
- Allowed to leave the country to continue auto racing career
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Related Pages on Mahalo
Helio Castroneves | Dancing With The Stars
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