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Baldi Pleads Guilty To Tax Evasion

Baldi Pleads Guilty To Tax Evasion

Photo: WINA

A former local businessman says he’s guilty of tax evasion. 50-year-old James Baldi (pictured) admitted that he ran an accounting firm that diverted clients’ money in a kiting scheme. Prosecutors say Baldi used the money to cover expenses for his Bel Rio and Cantina restaurants. Baldi was a fugitive for three years. He could face up to five years in prison following the guilty plea in Charlottesville federal court.

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