Janine Goes to Jail

Gary Gary
Earlier today I was at work reading the new AVN. In it there was an article about Janine Lindemulder and the outcome of her whole federal tax evasion ordeal. I didn’t know anything about it, but apparently she owes almost $300,000 and next month will be going to a federal prison to serve a 6 month sentence. I forget most of the specifics already but she spent a lot of money while owing and not paying her taxes. I guess it makes sense that the IRS would get a little mad about that.
02/08/2009
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Champagne and Benzedrine (Roland Hulme) Champagne and Benzedrine (Roland Hulme)
How can you owe $300,000 in taxes? I mean, HOW. This stuff always astounds me.
02/09/2009
Gary Gary
I am pretty sure that the amount of money she owes, is the original taxes plus fines and penalties. So without any hard facts to back this up, I would imagine that the fines and penalties are a lot of money... but I could be wrong.
02/09/2009
Peg Peg
Maybe if it was just an "honest mistake" it would have been ok.
02/09/2009
Champagne and Benzedrine (Roland Hulme) Champagne and Benzedrine (Roland Hulme)
That's what made the Tom Daschle thing so difficult to swallow. Who makes 'honest mistakes' like that?
02/09/2009
Gary Gary
I got the impression that she disregarded the whole thing, and that the reason she is going to serve time.
02/09/2009
Victoria Victoria
I guess my photo of me and a very naked Janine may be worth money now? heh. She was in the area a few years ago and my friend and I went to see her headline at one of the nicer Philly strip clubs. She's pretty tiny and actually really nice in person. Anyway, hopefully she doesn't have a rough stint in the Fed
02/09/2009
Delete My Account Delete My Account
You guys think that is bad what about Wesley Snipes he had not paid taxes in about a decade. He claims he was fooled by his advisers -- check out more here link
02/09/2009
Dragon Dragon
Quote:
Originally posted by Gary
I am pretty sure that the amount of money she owes, is the original taxes plus fines and penalties. So without any hard facts to back this up, I would imagine that the fines and penalties are a lot of money... but I could be wrong.
Used to be a CPA. You are right about fines and penalties. Look at it this way - some people are expected to pay "x" amount. If they are self-employed, they have to pay estimated taxes through the course of the year. Over- not under. If you forget a estimated return or two, you're already behind. For every return that isn't filed you start accruing late fees. For every tax dollar that isn't paid, you start accruing interest. Then they start to multiply.

Pretty soon, you start getting scary letters from the IRS that look a lot easier to ignore because you don't know what to do. (worst possible move ever, btw...) all those fines, taxes and interest keep building. Then you don't want to file the next tax return...
02/09/2009
Gary Gary
Ha, doesn't the mob call that "the Vig"?
02/10/2009
Victoria Victoria
Quote:
Originally posted by Gary
Ha, doesn't the mob call that "the Vig"?
Or Club Fed, as it's a pretty sweet set up compared to real prison.
02/10/2009
Chou Wang Chou Wang
The Doc Johnson founder (Reuben Sturman) died in the club Fed while serving a sentence for tax evasion (10 years in jail and $2.5 million in fines) he was making around 300 Million per year... And didn't pay out of pure refusal to do so. Unfortunately for him the profits didn't come in brown bags but to his bank accounts.
02/11/2009
Chou Wang Chou Wang
Quote:
Originally posted by Victoria
Or Club Fed, as it's a pretty sweet set up compared to real prison.
Club Fed is the real prison The Vig is something different (a fee charged by a bookmaker for services.)
02/11/2009
Total posts: 13
Unique posters: 7