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Post Info TOPIC: Tommy Ellis sentenced to prison time


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Tommy Ellis sentenced to prison time


From neracing.com:

Tommy Ellis, a two-time NASCAR Nationwide Series champion (1981 and 1988) was sentenced Friday to 18 months in prison for tax evasion and money laundering. The 63-year-old Richmond, Va., native pleaded guilty in May and was sentenced by U.S. District Court Judge Henry Hudson of Richmond. The judge also sentenced Elliss wife, Brenda, to 12 months for her role.

According to reports and court documents, the Ellises kept two sets of books for their car-wash business. They paid taxes on part of their income and were caught when they brought out a second set of books while trying to sell the business to an undercover Internal Revenue Service agent.

The government charged them with understating their income by $386,397 between 2003 and 2007 and with underpaying their taxes by $133,163 over those years. In addition to prison time, the couple was ordered to repay $133,000 in back taxes and interest.




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