1

YouTuber ordered to forfeit more than $30M in luxury assets including $6M in cas...

 1 year ago
source link: https://finance.yahoo.com/news/youtuber-ordered-forfeit-more-30m-163753954.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

YouTuber ordered to forfeit more than $30M in luxury assets including $6M in cash, Lamborghinis, McLarens and property portfolio after TV piracy scheme sentencing

YouTuber ordered to forfeit more than $30M in luxury assets including $6M in cash, Lamborghinis, McLarens and property portfolio after TV piracy scheme sentencing
Orianna Rosa Royle
Fri, March 10, 2023, 1:37 AM GMT+9·5 min read

Followers of the influencer Bill Omar Carrasquillo or “Omi in a Hellcat” will be well-versed in his decadent lifestyle.

His flashy car collection takes front and center on his YouTube channel, with millions of viewers tuning in to see his Lamborghini Huracán EVO, 1996 Chevrolet Impala, and Ford Mustang.

Fans have also enjoyed watching Carrasquillo shop for bling, tours of his impressive home - and as of late, updates on his runnings with the FBI for running one of the most “brazen and successful” TV piracy schemes ever prosecuted by federal officials.

Now, the YouTuber who has been sentenced to more than five years in federal prison will have to give up most of those luxuries which boosted his popularity online.

He pleaded guilty to charges including copyright infringement and tax fraud last year.

As part of his sentencing Tuesday, he was ordered to forfeit more than $30 million in assets, including nearly $6 million in cash, those aforementioned luxury cars, and a portfolio of more than a dozen properties he’d amassed across Philadelphia and its suburbs.

“Thirty million dollars is a lot of money [but] tangible objects aren’t everything,” U.S. District Judge Harvey Bartle III said. “You have a large following and there may be people who think if you can get away with it, they can too.”

From rags to riches

While prosecutors described Carrasquillo’s crimes — which included counts of conspiracy, copyright infringement, fraud, money laundering, and tax evasion — as serious, much of the hearing focused on his rags-to-riches story.

The 36-year-old influencer-turned-hustler grew up in North Philadelphia and was raised as one of 38 children.

His mother was deported before dying of an overdose when he was still a child.

Meanwhile, Carrasquillo described his father as a drug dealer who was in and out of jail and trained him to cook crack cocaine at just 12 years old.

Growing up, he bounced between foster care and living with various family members.

Recommended Stories

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK