Michael Jackson's former manager pleads guilty to tax charges
Raymone Bain, a Washington-based public relations specialist who began managing the pop star three years before his death, pleaded guilty to two counts of failure to file federal income tax returns and district income tax returns.
Bain failed to pay from $200,000 to $400,000 in taxes from 2006 to 2008, the U.S. Justice Department said.
After Bain began representing Jackson in 2006, she also became president of the Michael Jackson Co., where she was responsible for its daily operations and earned a "substantial income" but knowingly never filed tax returns, prosecutors said.
Bain is set to be sentenced by U.S. District Judge Alan Kay on Aug. 31. She faces up to 12 months in prison and a $100,000 fine for failing to pay federal taxes, and up to six months in prison and a $5,000 fine for failing to pay district taxes.
-- Kate Mather
Photo: Michael Jackson. Credit: Los Angeles Times