Peter Max Jailed for Tax Violations
NEW YORK (AP) _ Peter Max, the ’60s artist and pop icon known for his psychedelic images bursting with colors, is headed to jail for income tax violations.
Max was sentenced Tuesday to two months in prison and a $30,000 fine. Prosecutors say he cheated the government when he bartered his art for services and property.
Max, 60, pleaded guilty in November to tax fraud for omitting from his federal tax returns $714,000 he received from art sales during the years 1988 through 1991.
U.S. District Judge Kimba Wood ordered Max to pay all taxes owed and to perform 800 hours of community service. Max, who must surrender Aug. 1 to begin his prison sentence, remains free on a $100,000 personal recognizance bond.
Prosecutors say Max concealed large amounts of cash later used along with bartered art to buy real estate in Southampton, the Virgin Islands, Woodstock, N.Y., and Buckingham County, Va.