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How Did a Yoga Studio Founder Rack Up $2.5M in Tax Evasion?
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Subscribe08 OCT 2024 / ACCOUNTING & TAXES
Gregory Gumucio, founder of Yoga to the People, a chain of donation-based yoga studios, has pleaded guilty to evading over $2.5 million in taxes . His actions, along with allegations against him and two other co-owners for mismanagement and creating a toxic work-place, have sparked a wider conversation about ethics within the wellness industry.
In a twist of irony that might make any yogi cringe, Gregory Gumucio, the once-revered founder of Yoga to the People, a chain of pay-what-you-can yoga studios with the tagline “All Bodies Rise,” has been exposed for his financial shortcuts. Gumucio has pl...
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