Jersey Shore Mike ‘The Situation’ Sorrentino INDICTED TAX FRAUD

The IRS has indicted Jersey Shore star, Mike “The Situation” Sorrentino, on tax fraud charges.

Prosecutors allege Sorrentino failed to report the $8.9 million in income earned over his entire career.

“Michael and Marc Sorrentino filed false tax returns that incorrectly reported millions made from promotions and appearances,” U.S. Attorney Paul J. Fishman said. “The brothers allegedly also claimed costly clothes and cars as business expenses and funneled company money into personal accounts. The law is absolutely clear: telling the truth to the IRS is not optional.”

The Situation has been charged with two counts of filing false returns and one count of conspiracy, each with a maximum sentence of three years in prison and a $250,000 fine, for, among other things “failing to pay federal taxes on income generated by two companies” and “buying high-end cars and clothes for personal use and writing them off as business expenses.” source

 
He is also alleged to have not filed a return at all in 2011, which could tack on another year in prison and a $100,000 fine. This brings us to a grand total of $850,000 in fines and a smooth 10 years in federal prison.