Here Are Celebrities Who Tax Fraud Convicts
Wesley Snipes
Wesley Snipes was arrested on three charges relating to failing to file his tax returns from that period. He made a profit of around $38 million between 1999 and 2006, but never reported to the IRS for tax returns. In 2008, he was arrested on three charges relating to failing to file his tax returns.
In December of 2010, Snipe began serving a 3-year sentence in a Pennsylvania federal prison. He spent the last few months of his sentence under house arrest and was released in July 2019.
In 2018, it was reported that the IRS had ordered Snipes to pay almost $10 million in back taxes.
Nicolas Cage
In 2011, Nicolas Cage was caught owing $15 million to the IRS. The actor had failed to pay taxes on income from his successful career for the previous six years.
In 2008, the actor was a $6 million tax lien by the IRS. He blamed his manager’s negligence for his woes and sued him.
Sinbad
Sinbad is a comedian who owes the IRS back taxes amounting to $8 million from 1998 to 2006. He also failed to pay taxes to the state of California from 2009 onwards.
In 2013, he was ordered to pay up and filed for bankruptcy the same year. ..
Stephen Baldwin
The Baldwin brothers, the sons of former Alabama Governor George Wallace, are famous for their tax troubles. The brothers blame their problems largely on the bad advice they received from their lawyers and accountants.
Stephen Baldwin pleaded guilty to not paying $400,000 in income taxes to New York state. The failure to file tax returns in 2008, 2009, and 2010 resulted in the unpaid taxes. ..
He was not sentenced to time in jail, though, and he paid off the debt within one year. ..
Fat Joe
In 2012, rapper Fat Joe was convicted of failing to file tax returns. He reportedly owed the IRS more than $3 million in income taxes. ..
He was released early in 2013 after serving a sentence of a few months in prison, including a fine of $15,000 and one year of probation.
Teresa Giudice and Joe Giudice
Teresa Giudice and Joe Giudice were arrested on 39 fraud and tax charges in October 2014. ..
Two people who pleaded guilty to crimes were sentenced to a year in prison and 41 months of probation, as well as paying $414,500 in restitution costs. ..
In December 2015, Teresa was released from prison after 11 months. Joe only began serving his time in prison in 2016. He was also handed a deportation ruling in 2018, which ordered his deportation to Italy upon completing his sentence.
In 2019, after his release from prison, Giudice was sent packing to Italy.
Richard Hatch
Richard Hatch is the winner of the hit American reality series, Survivor. He won it in 2000.
In May 2006, the Survivor star, Jeff Probst, was handed a 51-month prison sentence for tax evasion and falsifying tax returns for the years 2000 and 2001. Hatch had made around $1 million in earnings for that period. ..
In 2009, he was released from prison after serving nine months. He was sent back to prison in 2011 for failing to refile and pay back the owed taxes. He served nine months this time and got out in December 2011.
Lauryn Hill
In 2013, lead singer of The Fugees Lauryn Hill was arrested and convicted for not paying around $1.8 million in taxes. She had not paid her taxes for 2 years between 2005 and 2007 and faced up to 3 years in prison. ..
She repaid some of the taxes she owed to the IRS and the State of New Jersey and spent 3 months in prison and paid a $60,000 fine.
Conclusion
The entertainment world is full of people who are rich and famous. Some of them face taxes, but others don’t. The lesson here is that the taxman always collects his dues.