The sons of the founders of Sugar Hill Records entered a guilty plea, Thursday, to charges of failing to file tax returns from 2005-2008 that would have declared royalties from their ownership of the studio, Bloomberg Businessweek reports.
Leland, Rhondo, and Joseph Robinson, the sons of Sugar Hill Records founders Sylvia and Joseph Robinson, Sr., plead guilty to two misdemeanor counts, covering a different tax year and admitted to related conduct for failing to file in two other years. The brothers could face up to a year in prison.
According to their attorneys, all three brothers acknowledge their mistakes and admit practicing “sloppy business decisions”.
1 2 Next page »
