I wish I knew the answer—I could write a book on it! Perhaps it’s the cash income. Maybe it’s the borderline pornography. In any case, yet another strip club owner had his day in court.
James Andrew Yaeger, of Columbia, Missouri, owned two strip clubs: “Club Vogue” and “Show Girls.” Today he pleaded guilty to underreporting his income from 1999 through 2001 from his clubs.
How did this cheating occur? Well, when the dancers were paid for their lap dances (in cash, of course), the cash was stuffed in envelopes behind the bar. Unfortunately for Mr. Yeager, someone tipped off state and federal authorities, and Mr. Yeager’s clubs were raided.
It’s unclear from this article whether or not Mr. Yeager faces further court proceedings. But Mr. Yeager is looking at up to 15 years in ClubFed, a fine of up to $750,000, and will likely have to make restitution. And I’m sure the Missouri state authorities are just waiting for their turn.
Tags: StripClubs