Owner of Nightclubs in Washington D.C. Convicted of Tax Evasion
Posted on Dec 2, 2009 2:52pm PST
In Washington D.C., a former owner of several recognized nightclubs in the D.C. area was convicted yesterday in the District's federal court.
On Tuesday, 42 year old Abdul K. Khanu was found guilty of two counts of
tax evasion for 2002 and 2003. According to district attorneys, Khanu had taken millions of dollars in cash from two of his nightclubs - DC Live and Platinum. Khanu then used the cash to pay for his personal needs and also to pay his employees' wages.
According to prosecutors, when law enforcement raided Khanu's home, they found $1.9 million in cash and also a double set of books and records related to his nightclubs. They then discovered that from 2002 to 2003, Khanu failed to pay $1 million in taxes that he owed to the IRS.
At this time, Khanu's sentencing date has not been confirmed.
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