Thursday May 1st, 2025 2:34AM

NASCAR owner Haas released on 10 (m) million bail

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LOS ANGELES - A NASCAR team owner accused of defrauding the government of more than 20 (m) million dollars in taxes is out on ten (m) million dollars&#39; bail.<br> <br> Gene Haas, the 54-year-old owner of NASCAR&#39;s Haas C-N-C Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation.<br> <br> He&#39;s been charged with planning to list 50 (m) millon in bogus expenses as business costs and save the company 20 (m) million in taxes.<br> <br> (Copyright 2006 by The Associated Press. All Rights Reserved.)
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