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Yoga business founder pleads guilty to tax charge in New York City

  • An international yoga business founder, Gregory Gumucio, pleaded guilty to a tax charge in a New York federal court on Friday.
  • Gumucio, 63, admitted to not paying over $2.5 million in taxes from 2012 to 2020 and is free on bail.
  • He has a plea agreement calling for a sentence of about five years and has agreed to pay $2.56 million in restitution to the IRS.
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