HOUSTON (CN) - A former pimp who failed to report more than half a million dollars of his income pleaded guilty to one count of tax evasion in district court, federal prosecutors said.
Randall Bradley Jones, 42, ran six houses of prostitution in Houston that he called "Escape Lounges" and ran under the auspices of his solely held company, Amazing Promotions Group, according to the U.S. Attorney's Office.
Prostitutes who worked for Jones placed part of their earnings into safes at the lounges, authorities say, and he collected it and created records. He declared taxable income of $140,450 in 2003 but actually earned $667,000, according to his plea agreement, and he admitted that he and his corporation owe the IRS nearly $666,000.
The Houston Police Department executed search warrants on the lounges in 2004 and found documents implicating Jones, according to the Houston Chronicle.
Jones faces up to 5 years in prison, and a fine of $250,000 at his May 1 sentencing.
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