Castroneves Trial | FerrariChat

Castroneves Trial

Discussion in 'Other Racing' started by yzee, Mar 3, 2009.

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  1. yzee

    yzee F1 Veteran
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    Michael
    #1 yzee, Mar 3, 2009
    Last edited by a moderator: Sep 7, 2017
    Helio's trial began yesterday with jury selection. 5 men and 7 women. Opening statements today. 7 women was a brilliant legal move considering the charming ladies man that he is. And you know women always like a man who can dance.
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  2. badges2

    badges2 Formula 3

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    Neil
    Hopefully a fair decision will be reached. Everytime I've run into him at a race he's been courteous and polite. I really does seem to be a decent guy. However, you mess with fire.................
     
  3. Alex Rogo

    Alex Rogo Formula Junior

    Jan 2, 2004
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    As I posted on another forum, his best defense is to get an appointment to Obama's cabinet. Then he can pass Go and collect $200. Or is it $700 billion these days? Easy to lose count.
     
  4. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    I wish him the best, truly one of the "good guys" of racing.
     
  5. futureowner

    futureowner Formula 3

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    Hopefully things go well for Helio as I still contend that he does not have the business sense to pull off that scheme, only that he is the "name" that is being used to exploit the situation. I would love to see him triumph and climb the judge's bench in victory!
     
  6. WJHMH

    WJHMH Two Time F1 World Champ
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    I was expecting someone to say that.

    :rolleyes:
     
  7. ProRallyCodriver

    ProRallyCodriver Formula 3

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    ...and uncork a bottle of champaigne and hose everyone .
     
  8. 2000YELLOW360

    2000YELLOW360 F1 World Champ

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    Is Allan Miller in trial with him? I'm told that this is a slam dunk for the IRS. Was getting payments to offshore accounts, and not reporting them. He is a good guy, but if you can't do the time, don't do the crime. His lawyer, Allan Miller of Michigan was also charged, and I wonder if they are both on trial. Miller also represents Colin Edwards of MotoGP fame.

    Art
     
  9. yzee

    yzee F1 Veteran
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    #9 yzee, Mar 4, 2009
    Last edited: Mar 4, 2009
    Helio, his sister, and Miller are all on trail at once. I wonder if any Penske people will be called. I mean, they wrote the checks. Rodger Penske has stood by Helio big time. That says something. Rodger says Helio will be at Indy if this all shakes out. I've heard the Feds don't do high profile without being right argument. We will see.
     
  10. yzee

    yzee F1 Veteran
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  11. WILLIAM H

    WILLIAM H Three Time F1 World Champ

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    Maybe his defense could be that he made a "mistake" like Timmy Geithner :)
     
  12. 2000YELLOW360

    2000YELLOW360 F1 World Champ

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    I suspect that that there are a few more of these guys around. Wonder if the IRS will offer a deal to either of them to snitch out more tax cheats.

    Art
     
  13. AustinMartin

    AustinMartin F1 Veteran

    Mar 1, 2008
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    Yeah, I heard there was something wrong with Helios TurboTax? Didn't calculate anything. :D:D:D
     
  14. James_Woods

    James_Woods F1 World Champ

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    I cannot believe that he did not plead this one out.
     
  15. 2000YELLOW360

    2000YELLOW360 F1 World Champ

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    Ego makes people do crazy stuff.

    Art
     
  16. oss117

    oss117 F1 Rookie

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    Don't forget greed too
     
  17. Whisky

    Whisky Three Time F1 World Champ
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  18. mousecatcher

    mousecatcher Formula 3

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    IRS is very (crystal) clear, you cannot defer salary that way.

    I've never met him, but from all accounts and from what I've seen he does seem to be a decent and nice guy. Doesn't mean he's not a tax cheat though. I really do hate to make any premature judgement but I would bet he was cognizant of what he was doing -- not that he thought he was defrauding the government but that he was willfully trying to avoid taxes and had bad advice or didn't quite get that last detail right (the last detail being, he doesn't make nearly enough money to beat "the man"). i only say that because i know more than a handful of folks who have sought to escape CA taxes, and it is quite difficult.
     
  19. mousecatcher

    mousecatcher Formula 3

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    I would have. What is the history on beating the IRS in court vs. coming to an agreement with them?
     
  20. oss117

    oss117 F1 Rookie

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    Being a nice guy is one thing; having the urge to cheat the tax man is something else and the two can easily an merrily go together.
    By all accounts Brasilians can beat even the Italians at finding ways to cheat the tax man: it is a compelling drive in their genes, some kind of a survival instinct.
     
  21. 2000YELLOW360

    2000YELLOW360 F1 World Champ

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    Trial should be done early next week. From what I've seen a slam dunk for the prosecution, but who knows what a jury will do.

    Art
     
  22. Tobias

    Tobias Formula 3

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    Income tax is unconstitutional anyway...
     
  23. yzee

    yzee F1 Veteran
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    So some say. Ask Wesley Snipes.
     
  24. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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