Yoga Studio Chain Executive Gets Four Years for Tax Evasion

The leader of a nationwide yoga business, Yoga to the People, was sentenced to four years in prison for participating in a conspiracy to commit tax evasion from 2012 to 2020, during which he made nearly $3.5 million in income but did not file individual or business tax returns or pay any income taxes, the Justice Department announced Monday.

Gergory Gumucio founded Yoga to the People in 2006, which grew to over 20 studios across multiple states and generated over $20 million in gross receipts from 2010 to 2020, but the company never filed corporate tax returns. Despite his ...