Tuesday, May 21, 2013

Latest local news, weather and high school sports for Northern Michigan

Indy driver Castroneves acquitted in tax case
Posted: 04.17.2009 at 2:18 PM
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MIAMI (AP) — A jury has acquitted Indy race car driver Helio Castroneves of tax evasion but remained hung on a count of conspiracy. Jurors deliberated for six days before reaching their verdict on Friday.

Castroneves has twice won the Indianapolis 500, and was also champ of TV's "Dancing With The Stars" in 2007. His sister and business manager, Katiucia Castroneves, was also acquitted on the tax evasion counts and the jury also remained hung on the conspiracy count. His Michigan lawyer, Alan Miller, was acquitted on the conspiracy count and three counts of tax evasion.

The three were accused of conspiring to evade millions in taxes over a five-year period. They had faced up to six years in prison.

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