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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.MSNBC: Dancing winner Castroneves faces tax charges (October 2, 2008) Castroneves pled not guilty to all counts on October 3.TMZ: Crying Helio Pleads Not Guilty (October 3, 2008)
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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, 2008TMZ: Crying Helio Pleads Not Guilty (October 3, 2008)
- Allowed to leave the country to continue auto racing career
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View All Helio Castroneves Tax Fraud Questions (395) | Ask a QuestionDo the rich get the tax breaks? (1 Answer)Yes the rich get the tax breaks. -quote- "A Few Basic Reasons For Why The Rich Get Richer The rich have started successful businesses. They do it by starting their ... read moreWhat is the tax rate in Singapore? (3 Answers)In Singapore, individual income tax forms part of two different sources income tax. The taxation system works on the basis that only income earned in Singapore are taxable. Residential status ... read moreOPEN THREAD: Former Florida sheriff Charlie Morris sentenced in fraud case (1 Answer)Charlie Morris is a criminal. Not just a spur of the moment kind, he knew what he was doing and he hid in the shroud of law enforcement. He headed ... read more
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