Peter Thomas sentenced to prison for tax avoidance

Whew! Former “Real Housewives of Atlanta” star, Peter Thomaswill head to prison after he reportedly evaded his payments to the government.

Related to: nothing? Peter Thomas is under investigation for allegedly refusing to pay Bar One employees TSR achieves

Details of Peter Thomas’ prison sentence

TMZ Peter Thomas was reportedly sentenced to 18 months in federal prison for failing to pay more than $2.5 million in employment taxes. Baltimore banner He revealed that Thomas pleaded guilty to “one count of failure to pay trust fund taxes” last summer in federal court in Charlotte.

U.S. District Judge Kenneth D. Bell Sr. hit Thomas with two years of supervised release and ordered him to repay the money. Assistant U.S. Attorney Karen Finley also pushed for a minimum of two years in prison, calling him greed and a disregard for the law. She claimed he used the money to “enrich himself personally and to expand and support his other business ventures,” spending more than $250,000 on luxury goods at places like Prada, Louis Vuitton and Givenchy, according to the Baltimore Banner.

“Americans can spend their money however they see fit, including on business ventures. However, they cannot steal other people’s money — in this case their employees’ payroll taxes — to support their own failing business ventures. books In the sentencing memorandum.

TMZ claims Peter owes the IRS about $650,000 in trust fund taxes from his employees’ wages in Charlotte. He is also accused of skipping more than $2.5 million in employment taxes across multiple states over six years. The Baltimore Banner adds that between 2017 and 2023, the “RHOA” alum ran businesses such as Club ONE CLT, Sports ONE, Bar One Miami Beach and Bar One Baltimore, where more than $1.7 million was taken from employee salaries without being paid to the IRS, according to federal prosecutors. .

Social media interaction

The roommates filled up quickly Comments section in the shadow room With reactions to the sentencing of Peter Thomas. See what they had to say below.

instagram user @Slimtiing_ wrote, “Real Housewives What’s Happening.

instagram user @Dollface876 wrote, “Didn’t he know he wasn’t playing with the IRS 😭”

While Instagram user @Diondola wrote, “I would rather spend 18 months than pay 2.5 million myself.

Then Instagram user @yummyr1ss wrote, “I’m glad Cynthia isn’t messing with him anymore.

Another Instagram user @diva_dutchess wrote, “He got prison time, and Trump will be president again 🤦🏽‍♀️”

instagram user @Aisha wrote “NOh, those billionaires went after Blanco Sio.

Finally, Instagram user @Stuntiinzahabit wrote, ““Is it me or are we the only ones who fall into the tax problem?”

Peter speaks before being sentenced

Before being sentenced, Peter Thomas uploaded a video to Instagram on Wednesday, December 18, and kept it real with his followers. The restaurant owner admitted he pleaded guilty and had up to “10 years of withholding taxes” across his businesses. He also advised young entrepreneurs to always pay withholding taxes so that they do not end up in his position.

Check out what Peter had to say below.

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