Former Investview CEO Joseph Cammarata has been sentenced to 6 years in jail for tax fraud.
Spanning 5 counts of tax evasion, Cammarata (proper) was indicted in 2022 for allegedly withholding $15.5 million from the IRS.
Cammarata pled not responsible to the costs however was discovered responsible final November.
On the primary 4 counts of tax fraud Cammarata was sentenced to 60 months. On the fifth rely Cammarata acquired a further 12 month consecutive sentence.
$6 million in restitution and a $120,000 nice was additionally a part of Cammarata’s Could 14th judgment.
Submit-judgment motions filed by Cammarata, looking for to put aside his judgment and/or dismiss the judgment have been denied previous to sentencing.
Cammarata’s tax fraud expenses relate to Alpha Plus Restoration, an entity Cammarata and his accomplices engaged in restoration scamming by means of.
Individually in June 2023, Cammarata was sentenced to 10 years in jail in parallel Alpha Plus Restoration felony proceedings.
Alpha Plus Restoration civil proceedings have been additionally initiated towards Cammarata by the SEC. In January 2024 a $50.4 million civil Closing Judgment was entered towards Cammarata.