AUSTIN (KXAN) - One-time Austin nightclub owner Mike Yassine was sentenced to three years in prison Friday and ordered to pay over $2.5 million in restitution to the Internal Revenue Service.
Yassine pleaded guilty to engaging in a tax fraud scheme using his Austin nightclubs in February.
He appeared before U.S. District Judge Sam Sparks, the same judge who sentenced him to 12 years in prison on money laundering charges in January, Yassine took the stand to admit his guilt to lying on tax documents.
Yassine admitted that in Oct. 2010, he provided a professional tax preparer with false information to be included in his 2009 federal income tax return.
According to court documents, the figures provided by Yassine understated by hundreds of thousands of dollars the actual gross receipts generated by his downtown nightclubs.
The three-year prison term is to be served immediately following Yassine's money laundering sentence.
For full coverage of the Yassine trial go to:
- Mike Yassine pleads guilty to lying on tax documents
- 2 Yassines found guilty in federal case
- The status of the case against Yassine business owners
- FBI: Cocaine ring linked to 6th St bars
- State seizes property at Yassine club
Winter is invading Texas with a vengeance as snow, sleet and ice are unleashed on much of northern and western sections of the state.
The pastor of the Austin church attended by the teacher who was killed Thursday in Benghazi remembered him as a spiritual friend dedicated to improving the lives of others.
The driver of an 18-wheeler died and crashed into the back side of a building along Interstate 35 on Thursday.
Global civil rights icon Nelson Mandela, whose legacy is ending South African apartheid, has died.
A man convicted 21 years ago for engaging in ritual child abuse was released Thursday after the DA's office agreed the only physical evidence against him was faulty.
A sport-utility vehicle hit a Capitol Metro bus in a parking lot of Anderson Lane on Thursday, sending two people to the hospital.