Ronald Isley Convicted of Tax Evasion
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R&B singer Ronald Isley (search) was convicted of multiple counts of tax evasion Monday and could face up to 26 years in prison when he is sentenced.
A federal jury convicted Isley, 64, of five counts of tax evasion and one count of willful failure to file a tax return, Assistant U.S. Attorney Thomas D. Coker said in a statement. Isley's sentencing was set for Jan. 9.
Prosecutors said Isley evaded the IRS by demanding case payments for millions of dollars in performance fees he earned between 1997 and 2002.
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He also put homes and a yacht in the names of his then-wife or corporations, and cashed royalty checks belonging to his late brother, O'Kelly Isley, according to the government.
Isley's latest albums, released last year, were a collaboration with Burt Bacharach, titled "Here I Am," and the Grammy-nominated Isley Brothers CD, "Body Kiss."