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Opening statements set in Castroneves tax trial

Opening statements set in Castroneves tax trial

MIAMI (AP) - Prosecutors and defense lawyers are delivering opening statements in the Miami tax evasion trial of race car driver and "Dancing With The Stars" winner Helio Castroneves.


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MIAMI (AP) - Prosecutors and defense lawyers are delivering opening statements in the Miami tax evasion trial of race car driver and "Dancing With The Stars" winner Helio Castroneves.
Testimony from the first witness is expected to follow the attorney comments Tuesday in a trial that could last six weeks. Two-time Indianapolis 500 winner Castroneves, his business manager sister and a lawyer are accused of scheming to hide about $5.5 million from the Internal Revenue Service in foreign accounts.
Castroneves insists he is innocent and that he relied on tax experts to handle that area of his finances. Prosecutors contend all three defendants were well aware they were violating U.S. tax law. Castroneves faces more than six years in prison if convicted.

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