Celebrity Tax Tuesday: Michael 'The Situation' Sorrentino - more tax fraud?

"Jersey Shore" star Michael "The Situation" Sorrentino and his brother Marc were hit with tax fraud charges on Friday, April 7, 2017, after federal prosecutors say they filed fake tax returns and claimed their "Bling" (luxury car and clothing purchases) as business expenses. 

Michael Sorrentino appeared on all six seasons of the MTV reality show "Jersey Shore," which followed the lives of a group of young Italian-Americans on New Jersey's Atlantic shore from 2009 to 2012.

Federal prosecutors said that Sorrentino was indicted on charges including tax evasion, structuring bank deposits to avoid reporting requirements and falsifying records. Marc Sorrentino was charged with falsifying records to obstruct a grand jury investigation. The brothers pleaded "Not Guilty" on Monday, April 17, 2017. 

If convicted, Michael Sorrentino faces a statutory maximum sentence of 10 years in prison for each structuring count and five years in prison for the tax evasion count. Brother Marc faces a statutory maximum sentence of 20 years in prison for obstruction. They also face a period of supervised release, restitution, and monetary penalties.

Now, this is a Situation!

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