An 18-month sentence has been reached within the tax evasion case of former “Actual Housewives of Atlanta” star Peter Thomas.
Thomas, who was married to fellow “RHOA” star Cynthia Bailey from 2010 to 2017, obtained his sentence on Thursday, December 19, after pleading responsible to tax fraud. Accused of not paying employment taxes for his companies, the 64-year-old, who owns Bar One eating places, spent $250,000 on luxurious gadgets from Givenchy, Louis Vuitton, Prada, Neiman Marcus, and different manufacturers and roughly $375,000 on journey and ride-sharing providers.
“Thomas’s flagrant violation of his federal payroll tax obligations over a few years that served to unjustly enrich his firms and himself by greater than $2.5 million and deprive the federal authorities of funds used to supply essential retirement and incapacity advantages to staff,” the sentencing memo reportedly learn, per “The Baltimore Banner.”
Thomas was additionally alleged to have been “motivated by greed” and having “defied tax legal guidelines” for his self-preservation, along with “increasing his enterprise, hiring extra staff, rising overhead and including extra enterprise places on the expense of his authorized obligations.”
The previous actuality present character has confronted tax points for properly over 5 years, and in July, he entered a responsible plea to not paying belief fund taxes for quite a few his companies. In the future earlier than his sentence, Thomas confirmed regret for his actions in an Instagram reel, and the caption instructed younger enterprise house owners to “study from [his] mistake.”
“I will be making an look in the USA authorities federal courthouse right here in Charlotte, North Carolina, to face the music,” he mentioned within the reel. “The music of … persistently withholding taxes for [my] companies [for] over 10 years.”
“I believed it was one thing that I might rectify by getting on that fee plan and paying it. But it surely does not work like that,” he continued.”
After finishing his sentence, Thomas might be launched beneath supervision for 2 years and is ordered to pay a restitution of $2.5 million.