PHILADELPHIA -- Philadelphia restaurateur Neil Stein finally knows his fate after pleading guilty to filing false tax returns.Video:Stein Will Continue Drug Rehab Stein will serve one year and one day in jail. The judge said that he had 60 days to voluntarily surrender himself.
Stein will not be fined because he owes the federal government around $400,000 and the state government as much as $238,000.The judge said that after Stein serves his sentence, he will serve one year probation. Stein was ordered to continue with a drug rehabilitation program while he is fulfilling his sentence.Stein's restaurants were all the rage in Center City several years ago, but he pleaded guilty in May 2005 to federal charges of filing false tax returns. He agreed to cooperate fully.He admitted he didn't report more than $500,000 in taxable income that he obtained by skimming cash from the restaurants between 1999 and 2001.The IRS says his tax debt totaled nearly $400,000.At one point, Stein had five high-profile restaurants, including the critically acclaimed Striped Bass and Bleu, but the only one he runs now is Rouge, on Rittenhouse Square.
Copyright 2006 by NBC10.com The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Video: Stein Will Continue Drug Rehab
Stein will serve one year and one day in jail. The judge said that he had 60 days to voluntarily surrender himself.
