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From the Washington Post:

A D.C. drug kingpin who served nine years in federal prison in a drug case and also ran up $16 million in unpaid taxes as of 1986 pleaded guilty to new tax-evasion charges­ Tuesday in federal court in Washington.

Cornell M. Jones, 58, a one-time high-school dropout who along with the likes of Rayful Edmond III rose to become a prominent player in the city’s rampant 1980s cocaine trade, admitted Tuesday to concealing $1.3 million due U.S. taxpayers by concealing income from businesses he ran after his release from prison.

In court documents, Jones acknowledged failing to disclose $3.5 million in income in 2010 alone, including proceeds from the sale of his D.C. Tunnel nightclub and other real estate transactions on Queens Chapel Road NE, where he also served as executive director of Miracle Hands, a D.C. government-funded nonprofit counseling center for ex-felons.

“Did you deal extensively in cash for purposes of concealing income?” U.S. District Judge Richard J. Leon asked the defendant.

“Yes, Your Honor,” said Jones, who declined to comment after the hearing, as did his attorney, Bernard S. Grimm.

Jones faces a statutory maximum of five years in prison. Leon set sentencing for April 14.

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