Fallen Austin nightclub owner Hussein Ali “Mike” Yassine was sentenced to three years in federal prison Friday.
U.S. Judge san Sparks also ordered Yassine to pay $2.5 million to the IRS for tax fraud. On Feb. 6, Yassine pleaded guilty to providing false information on his 2009 tax return. The club owner underestimated the gross revenue from his night clubs, which included Spill, Qua, Kiss & Fly, Pure and Malaia, according to a press release from the Department of Justice.
In March 2012, a multi-agency investigation revealed Yassine used his bars as a front to operate a money laundering and drug trafficking ring in the heart of Austin’s entertainment district.
Last year, a jury ruled Yassine was guilty of laundering $200,000 in cash, assumed to be used for narcotics trafficking, in 2008 and 2009. He was sentenced to 151 months in prison, which will run concurrently with Friday's ruling.
Mike Yassine ran his clubs under the name Yassine Enterprises, with the help of his brothers Mike and Hadi.
Hadi Yassine went to trial alongside his big brother in October, and was sentenced to 60 months in prison, also for money laundering and conspiracy to launder money.
Steve was sentenced to one year in prison and deportation in December 2012 on drug trafficking charges.