Castroneves Indicted For Tax Evasion

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Castroneves Indicted For Tax Evasion

MIAMI (AP) - IRL driver and two-time Indianapolis 500 winner
Helio Castroneves has been indicted on tax
evasion and tax fraud charges in the U.S. He is accused of using
offshore accounts to hide millions of dollars in income from the
IRS.
Court documents say Castroneves is accused of failing to report
to the IRS about 5.5-million dollars in income between 1999 and
2004. Each of the seven counts carries a maximum five-year prison
sentence.
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