Helio case update.

photo: AP
Although Helio Castroneves is in major trouble, he is getting help from all different sources.
Nascar driver Jimmie Johnson was the first defense witness to testify in the trial that could have Castroneves facing jail time. Johnson testified on behalf of Alan Miller’s character. Miller is Castroneves’s lawyer who is also being charged in the case.
Johnson said, ”Alan’s reputation is about honesty. His character is second to none. He’s given me great advice.”(ESPN.com)
Miller who is a former National League Football player and a former member of the NFL players association is being charged for conspiracy and tax evasion. The main dilemma of the case is that Miller who is well known in Motorsports industry gave advice to Castroneves regarding payments to his father who promoted him for period of time in Brazil. The prosecutors claim the location of the money was switched after Castroneves signed his deal with Penske racing in 1999 . Supposedly, five million dollars ended up in a compensation account after being designated for a Panamanian shell account and that made it tax free.
Castroneves’s defense team says that the money was never taken out of the account. Therefore, he can cannot be charged tax evasion. However, prosecutors claim that there still needs to be a tax on the money because there was nothing barring him from taking it. He also cannot be exempt from the tax because there was nothing preventing Penske Racing from paying him either.
The defense team feels strongly that proper documentation will show that tax deductions were in fact taken out.
Prosecutors rested their case on March 30th.
With the prosecutors presenting evidence for over four weeks. I hope for Helio’s sake and the others being charged along with him that they have a strong argument to present to jurors.



