Former Real Housewives of Atlanta star Peter Thomas is facing up to five years in prison over unpaid taxes.
Thomas was the owner of Club One in Charlotte, North Carolina, and owned several other bars and lounges in Florida and Maryland, including Bar One Miami Beach and Bar One Baltimore.
Peter failed to pay the proper taxes between 2017 and 2022 and also failed to pay trust fund taxes from the wages of his employees. According to court documents, Peter collected over $640,000 from his employees but the IRS received none of it.
Reality star Peter Thomas admits that he hasn't been paying his taxes and now the IRS is on his ass. pic.twitter.com/aA4C0yd58B
— The Art Of Dialogue (@ArtOfDialogue_) June 25, 2024
“In addition, between 2021 and 2023, Thomas caused Bar One Miami Beach LLC and Bar One Baltimore to collect more than $1.1 million in trust fund taxes from the wages of their employees, but Thomas did not pay over these taxes to the IRS,” the filing reads.
Prosecutors further allege that “in total, between 2017 and 2023, Thomas caused [his various businesses] to fail to pay over more than $2.5 million in employment taxes, including more than $1,740,000 in trust fund taxes from the wages of” employees.
Instead, they say he spent the funds on cash withdrawals, travel, real estate purchases and retail purchases.
He faces five years in prison, a $250,000 fine, and three years of supervised release if found guilty.
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