14 DAY TRIAL // Sidney Lowe, the former head coach for North Carolina State, now assistant coach with the Utah Jazz, has been arrested on charges of tax evasion. He is currently on bail but, according to reports online, he could be in a world of trouble.
The Sports Xchange reports that Lowe failed to pay his state taxes for 3 whole years, 2009, 2010 and 2011, to be more exact.
“Lowe, 53, faces three misdemeanor counts of willful failure to file a North Caroline Individual Income Tax Return and was placed under a $10,000 [€7,474] unsecured bond. He is scheduled to appear in court on March 19,” the sports publication reports.
As of this moment, Lowe has not released any statement about his dire financial situation; all calls placed to his publicist have gone unanswered.
However, head coach Tyrone Corbin believes that this is all just a huge misunderstanding, one that will be cleared as soon as possible.
Corbin even says that Lowe will be with the team today in Salt Lake City, when it goes up against Golden State. He hints that he’s been in contact with Lowe since his arrest.
“It's a personal matter. We'll deal with it. He'll make a statement at some point, but it's a personal matter,” he tells the Huffington Post.
Lowe isn’t the only high profile figure to grab headlines for failing to pay taxes and finding himself in a very embarrassing (to say the least) position.
Just recently, actor Stephen Baldwin and rapper Fat Joe were also arrested for tax evasion. The latter pled guilty in December last year and is scheduled to appear in court again in April for sentencing.
If found guilty, Fat Joe could spend up to 2 years in jail for failing to pay his taxes.