Friday, January 22, 2010

Jim Thorpe (60) jailed for a

year for tax evasion

Winner of three US PGA Tour events and 13 times on the US Champions (Senior) Tour, Jim Thorpe, now 60 years old, has been jailed for 12 months for failing to pay more than $2 million in income tax.
An Orlando, Florida court ruled that Thorpe must surrender to the Bureau of Prisons by April 1 and that his sentence be followed by two years of supervised release and 200 hours of community service.
Thorpe must also make efforts to repay the tax while on supervised release. He pleaded guilty to the offence last September.
Thorpe played in more than 450 tournaments on the US Tour and had three top-10 finishes in majors -- two in the US Open and one in the US PGA Championship.
He has won 13 times, including one major, in more than 300 events on the US Champions (Seniors) Tour.
Thorpe has more than $13 million in career earnings as a professional golfer, according to the US PGA Tour website.
Prosecutors said that for 2002, 2003 and 2004, Thorpe did not file an individual tax return until after he was confronted by special agents of the Internal Revenue Service (IRS).
According to court documents, the amount of unreported income for the three years was $5.36 million and the tax loss was $2.06 million.

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