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Ronald Isley, lead singer of the Isley Brothers, has been convicted of tax evasion, according to Reuters. The conviction could land the singer in prison for up to 26 years.
According to Reuters report, Isley, 64, was found guilty on Monday (October 31) on five counts of tax evasion and one count of failing to file a tax return.
Isley will be sentenced in January and faces a maximum sentence of 26 years in prison, but is expected to only receive 5 to 10 years, according to court sources.
Although no specific amount was named, prosecutors said the R&B singer lived lavishly over the years, buying a yacht, homes in California and Missouri and two Bentley cars while failing to pay more than $300,000 in taxes in 2002.
In addition, prosecutors said Isley received more than $12 million for performances between 1997 and 2002, but demanded he be paid in cash to avoid paying taxes.
And was also accused of cashing checks issued to other Isley Brothers, as well as his brother O'Kelly, who died in 1986.
Isley's attorneys told jurors that two of the singer's accountants had died during the period in question, making the tax process difficult. He denied any willful tax evasion.
Source: ballerstatus.net
According to Reuters report, Isley, 64, was found guilty on Monday (October 31) on five counts of tax evasion and one count of failing to file a tax return.
Isley will be sentenced in January and faces a maximum sentence of 26 years in prison, but is expected to only receive 5 to 10 years, according to court sources.
Although no specific amount was named, prosecutors said the R&B singer lived lavishly over the years, buying a yacht, homes in California and Missouri and two Bentley cars while failing to pay more than $300,000 in taxes in 2002.
In addition, prosecutors said Isley received more than $12 million for performances between 1997 and 2002, but demanded he be paid in cash to avoid paying taxes.
And was also accused of cashing checks issued to other Isley Brothers, as well as his brother O'Kelly, who died in 1986.
Isley's attorneys told jurors that two of the singer's accountants had died during the period in question, making the tax process difficult. He denied any willful tax evasion.
Source: ballerstatus.net