Helio Castroneves Indicted for Tax Evasion
Helio Castroneves was indicted Thursday in Miami for tax evasion on $5 million of income. The charges claim Helio used "an offshore Panamanian shell corporation Seven Promotions to conceal and disguise the true and correct amount of Helio Castroneves’ income from the Internal Revenue Service."
Also indicted were his sister, Katiucia Castroneves, and his lawyer, Alan Miller. All were charged with Conspiracy to Defraud the U.S. and Tax Evasion "for the purpose of impeding, impairing, obstructing, and defeating the lawful government functions of the Internal Revenue Service."
The penalty could be a maximum of 5 years in prison.
Don’t cheat the tax man.
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