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.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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