The United States Attorney for the Southern District of New York, Jay Clayton, announced that Gregory Gumucio has been sentenced to four years in prison for conspiracy to commit tax evasion. Gumucio, who led the nationwide yoga business Yoga to the People (YTTP), failed to file tax returns or pay income taxes on nearly $3.5 million earned between 2012 and 2020. He pled guilty on October 4, 2024, before U.S. District Judge John P. Cronan.
“Gregory Gumucio built a profitable yoga empire and lived well off its success—but he refused to pay his taxes,” said U.S. Attorney Jay Clayton. “Hard-working, tax-paying New Yorkers want our Office to pursue business owners who game the tax system. With today’s sentencing, Mr. Gumucio is being held accountable.”
Gumucio founded YTTP in New York City around 2006 as a donation-based studio which later expanded significantly across various states including California and Florida. Despite generating over $20 million from 2010 to 2020, YTTP never filed corporate tax returns with the IRS.
From approximately 2012 through 2020, Gumucio received substantial income but did not fulfill his tax obligations exceeding $1 million owed to the IRS. During this period, he misrepresented his income as six figures to third parties and submitted a fabricated tax return prepared by a co-defendant at his request.
In addition to serving time in prison, Gumucio was sentenced to three years of supervised release and ordered to pay restitution of $2,729,407.10 to the IRS.
Jay Clayton commended the efforts of several agencies involved in investigating this case including IRS Criminal Investigation’s New York and Dallas Field Offices and Special Agents from the U.S. Attorney’s Office for the Southern District of New York.
The prosecution was managed by Assistant U.S. Attorneys Rushmi Bhaskaran and Michael Neff from the Complex Frauds and Cybercrime Unit.
