All Posts Tagged Tag: ‘tax evasion’

Teresa Giudice Puts Up Home For Sale At Almost $4 Million

Fans of Real Housewives of New Jersey looking to get closer to Teresa Giudice will be excited to know she has put up her Montville home for sale to the tune of $3.9 million. She and her husband Joe Giudice are facing mounting legal bills and a debt of $13.4 million besides facing possible prison sentences for conspiracy to commit …

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Wesley Snipes Jokes About His Time In Prison

Action star Wesley Snipes is back on the big screen in the new Expendables 3 film alongside Sylvester Stallone. Snipes spoke to reporters ahead of the film’s world premiere on Monday, and revealed that Stallone had penned him for the first film, however he was a bit “preoccupied at the time.” In 2008, Snipes was sentenced to three years in …

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Lionel Messi: Is He Going To Jail?

This is one of those scandals that is yet another reminder as to why it’s never wise to put any sports athlete on a pedestal. Just ask fans of Lance Armstrong or Oscar Pistorius. Though Lionel Messi was not busted doping and thankfully hasn’t killed his girlfriend, the FC Barcelona player has become mired in a scandal that is distasteful …

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Beanie Baby Creator: Feds Demand New Sentence

Federal prosecutors are demanding a new sentence be handed to Beanie Baby creator Ty Warner, 69, after he was given probation for hiding at least $25 million from tax authorities in Swiss banks. In a 55-page appeal filed with the U.S. 7th Circuit Court of Appeals, prosecutors suggest the tax evasion the billionaire pleaded guilty to called for at least …

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Singer Lauryn Hill Released from Federal Prison

Grammy award-winning singer Lauryn Hill has been released from federal prison. After serving a three-month sentence for tax evasion, Hill was released from the Federal Correctional Institution in Danbury, Connecticut. FCI Danbury is a low-security facility that only houses female inmates. While today definitely serves as a massive weight lifted from Hill’s shoulders, the battle still isn’t over. The Fugees’ …

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Lauryn Hill Releases New Track “Consumerism”

Lauryn Hill of the 90’s hip hop group, The Fugees, is saying goodbye to jail today. The 38-year-old, Grammy-winning singer was locked up for three months due to tax evasion. To celebrate her release, Hill’s releasing something else-a hot new track, titled, “Consumerism.” The fast-paced raps rip and tear through society’s downfalls. Hill wrote the song before her incarceration and …

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IRS v. Beanie Babies

Harold T. Warner, CEO and founder of Ty Inc., the company most famous for the creation of the extremely popular stuffed animal collection known as “Beanie Babies” has agreed to put in a guilty plea on felony charges of tax evasion. With his product’s more youthful appeal, Warner affectionately ‘goes by’ his middle named Ty (which was printed in the …

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Beanie Baby Founder Has To Pay The Tax Man

No matter how much money you make, you can never keep it away from Mr. Tax Man. Just ask Wesley Snipes. Maybe billionaire Ty Warner thought if you moved your money to a different country, you didn’t have to let the IRS know? Alas, you have to let them know about every penny you make no matter where you keep …

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Dolce & Gabbana Sentencing: Taxes Too Expensive

A $193 tank top? A $795 belt? A $298 foulard? (For what it’s worth, “foulard” is hoity-toity for “scarf.”) All that money had to end up someplace. But as far as the Italian government is concerned, it didn’t go to the right place. Fashion icons Domenico Dolce and Stefano Gabbana have been convicted of evading over $1.3bn dollars in taxes …

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Dolce, Gabbana: Jail Time To The Tune Of Billions?

Fashion icons Domenico Dolce and Stefano Gabbana face two years of jail time to the tune of $1.3 billion in taxes that weren’t declared. The luxury fashion house sold their brand to Gado SRL, a holding company established by the designers; authorities believe Dolce and Gabbana did that to avoid paying taxes in Italy. “They are the ones who profited …

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Lauryn Hill: Prison Sentence of 3 Months For Missed Taxes

Last year, Lauryn Hill was charged for not paying taxes on over $1.8 million dollars she earned between 2005 and 2007. Despite the singer’s attempts to come to an arrangement, she was sentenced yesterday for three charges of tax evasion. Though Hill faced up to three years in prison for her crimes, it has now been revealed that she will …

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Lauryn Hill Charged with Tax Evasion

Lauryn Hill, one of the founding members of the Fugees, was charged on Thursday with not filing or paying her taxes. According to reports, the musician now owes quite a bit of money on the $1.8 million she earned between 2005 and 2007. If she’s found guilty, the singer could face up to a year in prison and a $300,000 …

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