Accountant for Tiësto, Afrojack and more imprisoned for fraud

While DJs draw crowds worldwide for their infectious productions and hard-hitting live sets, managing their careers, schedules, and money requires a large team. Recently, a renowned ‘taxman to the stars’ known for working with Tiësto and Afrojack was found guilty of fraud.

Most artists prefer to focus on their craft, being creative, writing new music, performing live, and all the output of being a star. Of course, with more celebrity and success comes more responsibility, opportunities, and assets to manage. For these stars, bringing in millions of dollars a year, having a good accountant is key to helping finance the lifestyle they desire while ensuring that bills and taxes are taken care of properly. Unfortunately, with such high figures being managed, the temptation to cut corners and move money illegally can be an issue for some in such a position.

Frank Butselaar managed the money of Tiësto, Afrojack, and other models and celebrities throughout the 2010s. During that time, the two DJs were considered liable for paying American taxes while traversing the world to perform at stages and festivals around the globe. In the indictment, Butselaar is accused of hiding over $100 million for his clients and helping to return the profits to his clients. The IRS is looking to recoup $19.25 million in restitution with the attorney sentenced to 30 months in prison. Neither Tiësto nor Afrojack have been accused of wrongdoing despite Butselaar submitting fraudulent tax claims for both artists.

Tiësto and Afrojack both cooperated with the IRS and paid a fraction of the tax amount originally due in restitution. As for Frank Butselaar, the 65-year-old went to court in White Plains, NY, and on November 4th agreed to a plea deal, admitting one single charge of aiding in the filing of a false tax return. To date, he has spent 21 months in pretrial detention which will be counted towards his 30-month sentence. US District Judge Cathy Seibel has 90 days after the sentencing to decide on the $19 million restitution.