With No More Criminal Probe, Sharpton Works on Tax Settlement

2008_07_sharpton20.jpgYesterday, federal prosecutors confirmed to the Daily News that they dropped the criminal probe into the finances of the Reverend Al Sharpton and his non-profit, the National Action Network. The feds, which had been investigating since December, has left the matter to the IRS, which estimates the non-profit owes "between $2 and $9 million" in back taxes (Sharpton has already paid back $1 million to the IRS). And he still owes a lot in city and state taxes. Sharpton told the Daily News, "I have learned that everybody is not necessarily out to get you. And, I hope [prosecutors] have learned that everybody who questions the system is not trying to beat the system."

Email This Entry


Post a comment (Comment Policy)

Tips

Get your daily dose of New York first thing in the morning from our weekday newsletter, now in beta.

About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung
Publisher: Jake Dobkin

Newsmap

newsmap.jpg

Contribute

Latest Tip:

Symphonic rock comes to Manhattan in December! Seann Branchfield and the Unnamed Band performing De
[more]

Latest Photo:

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Gothamist.

All Our RSS

Follow us