Testimony ends in Castroneves tax trial in Miami
Published 4:04 pm Wednesday, April 8, 2009
MIAMI — Testimony is over in the Miami tax evasion trial of Brazilian race car driver Helio Castroneves.
Closing arguments are scheduled for Thursday, followed by jury deliberations. Castroneves, his sister and his lawyer are charged with conspiracy and tax evasion involving about $5.5 million in income between 1999 and 2004.
The Internal Revenue Service says Castroneves owes more than $2.3 million in U.S. taxes for those years. Defense lawyers say Castroneves did nothing wrong and will pay taxes when a deferred compensation deal comes due in May.
The two-time Indianapolis 500 winner has already missed the first race of the IndyCar Series season. Castroneves is also known for his 2007 victory on TV’s “Dancing With The Stars” competition.
