(Bad news. That check you’ve been waiting on for three years now? There’s a chance it’s not really "in the mail" like they said.)
As many of you probably overheard during brief moments of consciousness on the floor of your favorite bar, yesterday was April 15, also known as Tax Day in America. It’s when we all file our taxes and then complain about having to do so, as if it doesn’t happen every single year. But what happens if you don’t file your taxes? Sometimes nothing. Sometimes, as in the case of Xyience founder Russell Pike, a lot of really bad stuff.
You might remember Pike as the guy responsible for the failed Xyience empire. He’s the fraud/mastermind that a bunch of unpaid UFC fighters want to kick in the face. According to an indictment filed yesterday in Las Vegas, he made “in excess of” $6.9 million in 2006 and did not file an income tax return. Like, at all. The cajones on that guy, am I right?
The indictment also contains other details of the high life Pike was living for the brief time before Xyience went tits up and left everyone from Rich Franklin to the Fertitta’s holding the bag. My personal favorite is the 2007 Mercedes Benz SL55 that he bought for $151,614.000. That just doesn’t make any sense to me. I mean, you could have yourself a whole fleet of matching Kia Sportages for that kind of money.
Pike’s free on his own recognizance at the moment, but if the IRS nails him on everything he could do five years in the joint – a fate even the Fertitta’s can’t save him from this time. That could spell doom for his latest business venture, “a powdered energy drink company called Zizzazz.” And I was so looking forward to seeing that Gray Maynard Zizzazz commercial during the next Spike TV Fight Night.
Kind of related but also hilarious: Connie Has Lots of Energy