Ex-chief of Investview, Joseph Cammarata, has been handed a six-year term in federal custody for committing tax evasion.
Implicated in five counts of dodging taxes, Cammarata (right) was formally charged in 2022 under accusations of concealing $15.5 million from the IRS.
Although Cammarata pled not guilty to all accusations, he was convicted last November.
On the initial quartet of tax evasion charges, Cammarata received a 60-month sentence. The fifth charge led to an additional 12-month sentence to be served consecutively.
In addition to incarceration, Cammarata was ordered to pay $6 million in restitution and a $120,000 penalty as part of his May 14th sentencing.
Prior to being sentenced, Cammarata submitted several motions after judgment, attempting to overturn or dismiss his conviction, all of which were rejected.
The tax evasion allegations against Cammarata revolve around Alpha Plus Recovery, a corporation Cammarata and his associates used to conduct fraudulent recovery operations.
In a separate case, in June 2023, Cammarata faced a second sentencing of a decade in jail regarding criminal charges tied to Alpha Plus Recovery.
The SEC additionally launched civil litigation against Cammarata concerning Alpha Plus Recovery, culminating in a $50.4 million civil Final Judgment imposed on Cammarata in January 2024.