Nick Cho, famous for his work as a barista and coffee-shop owner, today surrendered himself to arrest and booking on 82 counts of tax fraud related to the tax debt that shuttered Capitol Hill’s Murky Coffee in 2008. According to the release from the OCFO, posted in full below the cut, he’s facing 180 days in jail for each count, if convicted, along with a $5k fine, and full restitution if convicted. That would be $410,000 in fines, plus restitution for the amounts not filed with the District in 2006 and 2007, as well as 41 years in jail.
The amount specified by the OCFO for delinquent taxes is over $100,000, which would be compounded with penalties, interest and additional fines.
Chinatown Coffee Company, where Cho currently consults on the coffee operation, did not have a comment this afternoon when reached by telephone. Cho was released this afternoon following the booking. City Paper’s Jason Cherkis has a bit of the backstory here as well. Cherkis has now also spoken with the owners at Chinatown Coffee.