AUSTIN -- A man behind an FBI raid that closed eight clubs in downtown Austin has been sentenced to three years prison.
Mike Yassine, 41, pleaded guilty to engaging in a tax fraud scheme linked to his establishments.
The former bar owner appeared before Judge Sam Sparks in February to plea in that case. He had also pleaded guilty to money laundering charges in January in Sparks’ court and was sentenced to 12 years in prison.
Yassine was also ordered to pay $2.5 million in restitution to the Internal Revenue Service on the tax fraud charges.
The three year term for tax fraud will begin after Yassine serves time for the money laundering sentence.
All Yassine’s bars, including, Spill, Qua, Kiss & Fly, Pure and Malaia were permanently closed after the raid in March of 2012.