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Helio Castroneves charged with tax evasion
Miami Herald ^ | 10/2/08 | JAY WEAVER AND SUSANNAH A. NESMITH

Posted on 10/02/2008 1:30:03 PM PDT by Kimmers

Helio Castroneves -- winner of both the Indianapolis 500 and reality TV show Dancing with the Stars -- will soon be doing the tango with the IRS over multimillion-dollar tax-evasion charges in Miami federal court, U.S. authorities said.

The famed Brazilian driver, who owns a Coral Gables mansion sporting his auto-racing trophies and two checkered flags from his Indy 500 victories, was indicted along with a relative and an Ohio attorney on Thursday, authorities said.

The 33-year-old Team Penske star is charged with failing to pay more than $5 million in taxes over a four-year period, authorities said. His sister, Kati Castroneves, and his lawyer, Allan Miller, are accused of assisting him in the alleged tax-evasion scheme.

The three defendants are expected to surrender to authorities and have their first appearances in federal court on Friday morning. They could not be reached for comment Thursday afternoon.

Born in Sao Paulo, race car driving has made Castroneves a rich man.

Castroneves won the Indianapolis 500 in both 2001 and 2002. He was the fifth driver to achieve that milestone in consecutive years. He also finished second to teammate and countryman Gil de Ferran in 2003.

He become a bona fide American celebrity last year after winning the fifth season of ABC's reality TV show Dancing with the Stars with partner Julianne Hough.

At his Coral Gables home, he keeps three large trophies on three stone columns in front of a window overlooking his front patio.

''My Dancing with the Stars trophy is the one in the middle. I love that disco ball,'' Castroneves recently told a Miami Herald reporter.

After that wave of publicity, Castroneves started drawing as much interest in his love life as his racing career. He denied dating his dance partner.

''No, I'm not dating Julianne,'' Castroneves said last December when he announced he and his longtime girlfriend Aliette Vazquez had called off their engagement.

On the race track, Castroneves has been more of a runner-up than a winner this year.

In the IndyCar Series, Castroneves won for the first time in 30 races at the Sonoma, Calif., Grand Prix in late August. Until that victory, he had finished runner-up seven times.

Castroneves screamed with joy when he crossed the finish line, hollering, ``Bring it home, baby.''

He has been nicknamed Spider Man for his fence-climbing celebrations. In Sonoma, he jumped out of his No. 3 Dallara Honda at the finish line and scaled a short fence behind the pits to celebrate with fans.

'They kept telling me, `Push, push, push.' That was fun, a lot of fun,'' Castroneves said. ``Oh my God, this is awesome. We've been close so often. We never lost faith. This is great for Detroit.''

For Castroneves, it was his 13th IndyCar Series victory.

And in early September, Castroneves finished second in the Detroit Grand Prix, closing the gap between himself and his first 2008 IndyCar Series driver championship.


TOPICS: Miscellaneous
KEYWORDS: taxevasion
Do you think he can dance his way out of this one?

I really like this guy....I hope it is a case of him trusting the wrong people and he really does not know anything about this....we shall see

1 posted on 10/02/2008 1:30:06 PM PDT by Kimmers
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To: Kimmers

I told him not to take tax advice from Charles Rangel! But Helio told me, “He’s on the tax committee. That man knows everything about taxes!”


2 posted on 10/02/2008 1:32:42 PM PDT by ClearCase_guy (I ain't gonna quit until I'm laid in my tomb and even then they better shut it tight.)
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To: Kimmers

Looks like he pissed somebody off....LOL! ;)


3 posted on 10/02/2008 1:34:29 PM PDT by BossLady ("Dennis K. Eads" ---The name on the POW Bracelet I wore when I was 7 years old)
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To: Kimmers

Aww, man, I liked him too. He exhudes charm, but it’s not gonna help in with the IRS, or in the pokey.


4 posted on 10/02/2008 1:35:15 PM PDT by HanneyBean
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To: ClearCase_guy

“I told him not to take tax advice from Charles Rangel! But Helio told me, “He’s on the tax committee. That man knows everything about taxes!””

They must have talked to him in Spanish, but he speaks Portuguese.


5 posted on 10/02/2008 1:37:13 PM PDT by Daveinyork
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To: Kimmers

6 posted on 10/02/2008 1:37:31 PM PDT by South40
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To: Kimmers

This thread is going to need some Julianne Hough photos.


7 posted on 10/02/2008 1:38:35 PM PDT by Azzurri
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To: Azzurri; Pride in the USA
Oh, man. I hope Helio's going to be okay. I really like him!


8 posted on 10/02/2008 1:44:39 PM PDT by lonevoice (John McCain was a Kinoki foot pad in the Reagan Revolution)
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To: Kimmers

He’s a good driver, a good dancer, and good tax man... well, not so much.

Nobody at this level does his own taxes. I would think his tax adviser was the problem here, but who knows.

I would also like to think he would be absolved here.


9 posted on 10/02/2008 1:44:53 PM PDT by DoughtyOne (McCain, the Ipecac president... Obama the strychnine president...)
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To: Azzurri
Here you go...


10 posted on 10/02/2008 1:47:03 PM PDT by library user
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To: Kimmers

Why should he pay it? It’s just going to go to Europe anyway.


11 posted on 10/02/2008 1:47:46 PM PDT by RC2
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To: library user; lonevoice

Thank You! I don’t know if Helio is guilty, but Julianne is DEFINITELY NOT GUILTY!


12 posted on 10/02/2008 1:49:27 PM PDT by Azzurri
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To: Kimmers

I’ve heard of Neo Conservatives and Paleo Liberals, but I’ve never heard of a Helio Castroneves.

Are they sun-worshiping eunuchs?


13 posted on 10/02/2008 1:58:08 PM PDT by Uncle Miltie (Bushonomics: Privatize Gains, Socialize Losses)
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To: Azzurri

Don’t know who the chick is but she has a wedding ring


14 posted on 10/02/2008 2:02:25 PM PDT by Cyman
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To: Cyman
Don’t know who the chick is but she has a wedding ring

That's so not as many guys will hit on her.

15 posted on 10/02/2008 2:07:44 PM PDT by library user
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To: Azzurri

I also like that she looks like a woman, despite barely being 20 years old. She looks quite mature for just 20.


16 posted on 10/02/2008 2:08:38 PM PDT by library user
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To: Kimmers
Do you think he can dance his way out of this one?

There's always the Wesley Snipes defense.

17 posted on 10/02/2008 2:09:53 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: Kimmers

If he wanted to minimize taxes maybe he should have set up permanent shop in Monaco like a lot of the F1 drivers have done.

Too late Helio... time to pay the piper because... as you know “death and taxes.”


18 posted on 10/02/2008 3:08:56 PM PDT by Trajan88 (www.bullittclub.com)
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