Peter Thomas Sentenced to 18 Months in Prison for $2.5M Tax Fraud

The former 'Real Housewives of Atlanta' star must also pay $2.5 million in restitution and spend two years under supervised release.

Peter Thomas, 64, pleaded guilty to failing to pay over $2.5 million in employment taxes for his businesses from 2017 to 2023.
Prosecutors alleged that Thomas used withheld employee payroll taxes to fund personal expenses, including luxury goods and travel.
The sentencing includes 18 months in prison, two years of supervised release, and $2.5 million in restitution to the IRS.
Thomas posted an Instagram video acknowledging his mistakes and advising young business owners to prioritize paying payroll taxes.
The case involved multiple businesses in Charlotte, Miami, and Baltimore, with investigators highlighting years of financial mismanagement.