Andrew and Tristan Tate face hefty fines after being accused of tax evasion on £21 million in revenue from their online businesses
Devon: So, it looks like Andrew and Tristan Tate are in some serious trouble. They’ve been ordered to cough up over £2 million after being called out for tax evasion. Apparently, they didn’t pay a single penny on a whopping £21 million they made from their online ventures.
A judge made this call after Devon and Cornwall Police stepped in, claiming the brothers, along with another person, were dodging taxes from their online businesses and OnlyFans accounts. The police were trying to recover about £2.8 million from seven frozen bank accounts linked to the Tates.
During the hearing, a lawyer for the police didn’t hold back, saying the Tates are “serial tax evaders.” They even pointed out that Andrew Tate had bragged in a video about refusing to pay taxes when he lived in England. Talk about being bold!
It gets wilder. The court heard that the Tates made all this money from their various schemes, like Cobratate and Hustlers University, but they never registered for tax or VAT—except for one dodgy declaration in Romania that didn’t involve any actual tax payments.
They’ve got a ton of bank accounts in the UK, and the police said they were moving money around to make it hard to track what they owe. Sounds like a classic case of tax evasion and money laundering, right?
But the brothers’ lawyer argued that the money movements were normal for online businesses. He claimed they didn’t do a good job hiding their money since it was all in their names. They’ve been spending on fancy cars, but he insisted nothing illegal was happening.
And there’s more! Another lawyer for a third party involved said some of the funds were in cryptocurrency, which couldn’t be frozen at that moment. This story is still developing, so stay tuned for updates!