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Haas trial delayed
Tuesday, August 08, 2006
The tax fraud trial of NASCAR Nextel Cup team owner Gene Haas has been postponed from Aug. 15 to Jan. 27, 2007, at the request of Haas' attorneys.
The trial could take up to six weeks to determine whether Haas, through his company Haas Automation, devised a scheme that created approximately $50 million in bogus expenses to avoid more than $20 million in taxes.
Haas, who owns Haas CNC Racing with drivers Jeff Green (Nextel Cup) and Johnny Sauter (Busch), has pleaded not guilty. Haas Automation officials have blamed the activities of a former company employee for the tax problems and have indicated that Haas has personally paid the taxes in question.
According to the U.S. attorneys, if convicted on all counts in the original indictment, Haas could face 19 to 41 years in prison. One of the two counts of witness intimidation has been dismissed.
Mentioned Drivers:
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