4-Time Super Bowl Champ Files for Bankruptcy as Government Sues Him for Alleged $15.5 Million in Unpaid Taxes | People
In a shocking turn of events, Bill Romanowski, the renowned former NFL linebacker with four Super Bowl wins, has recently been in financial turmoil. Facing a staggering $15.5 million unpaid tax bill, Romanowski and his wife, Julie, are embroiled in a legal battle with the Department of Justice over alleged tax evasion through their company, Nutrition53.
According to U.S. attorneys, the couple stands accused of using Nutrition53 to evade taxes for several years, diverting funds to cover personal expenses ranging from household bills to frequent visits to nail salons and day spas. This revelation has led to a last-minute bankruptcy filing by the Romanowskis just a day before a scheduled court hearing.
The Department of Justice’s investigation spans decades, returning to Romanowski’s playing days and continuing post-retirement. Despite his illustrious career on the field, which included stints with notable teams like the San Francisco 49ers and the Denver Broncos, Romanowski now faces the daunting prospect of a default judgment against him and his wife.
Romanowski’s post-NFL endeavors, including ventures into sports commentary and business, have not shielded him from financial woes. Nutrition53, the company he co-founded, also filed for bankruptcy in 2023, adding another layer of complexity to his financial downfall……….[read more]
Rising Dough
How might the financial missteps of high-profile individuals like Bill Romanowski impact consumer trust and investor confidence in their associated companies?
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