Admittedly, it’s tough to wake up in a world where Mike ‘The Situation’ Sorrentino is a rich man while I’m putting tighty whiteys on layaway at T.J. Maxx. The now 35-year-old was hauling in $150,000 per episode, which extrapolates to $1.8 million dollars, not including signing bonuses and re-run bonuses. The dude who bathed in fake tanner and couldn’t name the capital of New York is richer than my father. What a fucking world.
It was only a matter of time before The Situation thought he was smoother than the system and ultimately boned himself. And it looks like that day is upon us.
The Jersey Shore star agreed to plead guilty with his brother Marc in a tax fraud case filed against them in 2014, a deal that Sorrentino initially rejected just last week, Page Six reports.
The Sorrentinos were accused of not paying all of the federal income tax owed on Michael’s $8.9 million income from 2010 to 2012. The government also alleged that they deposited cash into different bank accounts to avoid reporting income to the IRS, as well as inflating their business expenses for high-end cars and clothing.
According to the United States Attorney’s office for the district of New Jersey, Mike faces a maximum sentence of 10 years in prison for each financial structuring count and five years in prison for the tax evasion count. His brother, Marc, faces a max sentence of 20 years in prison for obstruction. Tack on restitution and monetary penalties, and it’s safe to say that The Situation has a……Situation.
[h/t Page Six]