Loading cryptocurrency prices...

Love Island’s Davide Vows to Stand By Girlfriend Facing Prison After Tax Fraud Plea

Love Island Star Davide Sanclimenti Addresses Girlfriend's $2.6M Cryptocurrency Tax Legal Battle

  • Love Island star Davide Sanclimenti confirms support for girlfriend Iris Au amid her legal troubles related to cryptocurrency fraud and tax evasion.
  • Au faces up to three years in federal prison after pleading guilty to failure to report over $2.6 million in income linked to her ex-boyfriend’s cryptocurrency criminal activities.
  • The case connects to a larger cryptocurrency fraud scheme where Au allegedly created shell corporations and managed illicit funds exceeding $16 million.

Former Love Island winner Davide Sanclimenti has publicly declared support for his girlfriend Iris Au, who faces potential prison time after pleading guilty to federal tax charges connected to cryptocurrency fraud. Au, known online as EyeRize, reportedly failed to declare over $2.6 million (£2,004,886) in income derived from her former boyfriend’s cryptocurrency criminal operations.

- Advertisement -

The 35-year-old Au is charged with subscribing to a false tax return, a violation that carries a maximum three-year federal prison sentence. According to documents from the United States Attorney’s Office, Au transferred millions from various accounts connected to cryptocurrency fraud into her personal banking between 2020 and 2023, deliberately concealing this income from the Internal Revenue Service.

“Iris is an amazing person who has been through difficult situations that most people could never understand,” Sanclimenti told MailOnline. “I will be there by her side to supply her as she deserves all the support and understanding.”

The cryptocurrency connection runs deep, as Au’s former partner—who styled himself as “The Godfather” in cryptocurrency circles—pleaded guilty on January 30 to conspiracy against rights, wire fraud, and tax evasion. This individual has remained in federal custody since September 2024, with both the IRS Criminal Investigation and FBI continuing their investigation.

Court documents reveal Au’s extensive role in the cryptocurrency fraud operation. She allegedly established shell corporations and opened corresponding bank accounts to manage illicit cryptocurrency funds. These accounts were reportedly used to make approximately $1 million in payments to Los Angeles County Sheriff’s Department deputies who provided unauthorized private security and accessed confidential law enforcement information targeting individuals with whom the cryptocurrency fraudster had disputes.

- Advertisement -

The financial scope of the cryptocurrency operation was substantial. Prosecutors claim Au directed illicit funds toward acquiring approximately $16 million in cryptocurrency assets for her then-boyfriend, while also financing luxury real estate, cars, jewelry, and recreational activities valued at nearly $10 million.

Sanclimenti, who won confirmed dating Au last year, maintained that he knew about her legal situation from the beginning. The reality star, also known as “The Italian Stallion,” characterized their relationship as something resembling “a Hollywood blockbuster,” referencing how he began dating Au after her relationship with the self-proclaimed cryptocurrency “Godfather.”

The case highlights growing regulatory scrutiny of cryptocurrency-adjacent financial crimes, particularly involving tax evasion and money laundering through complex networks of shell companies and cryptocurrency transactions. Au’s sentencing date has not yet been announced.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Trump Nominates SEC Lawyer Mike Selig to Lead CFTC Amid Crypto Push

President Donald Trump nominated Mike Selig to lead the U.S. Commodity Futures Trading Commission...

Cardano Drops 20% in 30 Days, What Could Trigger ADA’s Recovery?

Cardano ADA's price has dropped about 20% in the past month, currently trading near...

Valthos Raises $30M to Use AI for Rapid Biodefense Response

Valthos launched with $30 million in funding from the OpenAI Startup Fund, Lux Capital,...

$34 Billion Base Token and Declining DEX Risk May Lift Coinbase Shares – DL News

A new token for Coinbase’s Base Blockchain could be valued up to $34 billion.Coinbase...

Bitcoin Treasury Firms Trade Below Asset Value Amid Market Slump

Many Bitcoin treasury companies are now trading below the value of their bitcoin holdings,...
- Advertisement -

Must Read

TOP 12 Day Trading Crypto Books For Beginners

Day trading cryptocurrencies has become an increasingly popular financial activity, offering the potential for huge returns to those who understand the market's complexities and...