Peter Thomas Speaks Out After Being Sentenced To 18 Months In Prison Over Tax Charges: ‘I’m Grateful’

Peter Thomas Speaks Out After Being Sentenced To 18 Months In Prison Over Tax Charges: ‘I’m Grateful’
Update: Peter Thomas is staying optimistic after being sentenced to 18 months in prison for tax charges.
View this post on Instagram
Original Story: Peter Thomas, former RHOA star and restaurateur, is facing the consequences of failing to pay more than $2.5 million in employment taxes.
On Thursday (Dec. 19), U.S. District Judge Kenneth D. Bell Sr. sentenced Thomas to 18 months in federal prison, followed by two years of supervised release, and ordered him to pay restitution.
Between 2017 and 2023, Thomas admitted to withholding over $1.7 million from employee paychecks at his businesses, including Club One CLT and Bar One, but failing to pay the IRS.
View this post on Instagram
Prosecutors alleged that Thomas used the withheld money to “personally enrich himself,” spending on high-end purchases from Prada, Louis Vuitton, and Givenchy.
Before news of his sentencing broke, Thomas took to Instagram to warn business owners about employment taxes, urging them to learn from his mistakes. He said,
“Most people are confused when it comes to paying withholding taxes. Yes, you will go to jail. Jail doesn’t mean that the taxes are forgiven. All young business owners, please learn from my mistake.”
What are your thoughts? Share below!
[VIA]
Previous Article
Next Article
‘RHOP’ Alum Monique Samuels Hints At Possible Return In Friend Role, Says She Previously Declined Offers Due To ‘Fear’ & ‘PTSD’: ‘I’ve Grown So Much’
Phaedra Parks Trends As Fans Compare Her ‘RHOA’ Scandal To Kenya Moore’s
Erica Mena & Safaree Finalize Their Divorce After Two Years Of Marriage
Kim Kardashian Calls For Justice For Murdered Soldier, Vanessa Guillen
Rob Kardashian Says Blac Chyna Pointed A Gun At Him & Threatened His Life In Lawsuit Citing Physical And Emotional Abuse
Former Love & Hip Hop Miami Star Prince Arrested For Allegedly Beating His Girlfriend & Stealing $7,000 From Her
Porsha Williams Shares Sweet Moments From Family Vacation w/ Her Mom & Daughter [VIDEO]
Phaedra Parks On Whether She’d Return To RHOA: Keep Hope Alive