August 14, 2025 • 40 mins
It’s #TrueCrimeThursday in the Kingdom, and we’re back with another RealiTEA Crime Stories episode! This week, Carlos and Courtney dive into RHOA’s Peter Thomas... Unpacking the fraud allegations and why he’s currently in jail. From failing to pay employees to skipping out on the IRS, this one is as juicy as it gets. The bar tabs might have closed, but the consequences stay open!
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Episode Transcript
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Speaker 1 (00:03):
Reality with the King is hosted by me, Carlos King.
I'm an executive producer who have produced some of your
favorite shows from the Real Housewives in Atlanta, New Jersey
and my own creation, The Love and Marriage Franchise and
Bell Collective. Every episode we recap reality television from the
Real Housewives Franchise to The Bachelor or Selling Sunset, in
(00:27):
addition to celebrity guests, whether in the unscripted space or
scripted as well. All right, rain Dross, If you've been
sipping with us, then you know Reality Crime Stories is
where glam meets grit and the headlines always comes with
(00:51):
the sight of hard truth. Every week, Courtney Parker and
I put back the velvet robe on fame, fortune and
the fallout they try to hide.
Speaker 2 (01:01):
That's right, Carlos, Everything from reality TV scandals to the
crimes committed behind the cameras, whether it happens on or
off the screen, Carlos and I will bring you the
tea surrounding hot topic crime stories involving all of your
favorite reality TV personalities.
Speaker 1 (01:20):
And if today's story taught us anything, child is that
in this world the tea is never just hot, it's criminal.
Courtney Parker and I are back with another episode of
Reality Crime Stories. Hey Courtney, Hey Carlos So. In this
(01:44):
episode titled from Bar One to Federal Prison Blues, Courtney
Parker and I are going to get into my friend
Peter Thomas, formerly of the Real Housewives of Atlanta, as
you all know him as a night life impressario suffroclaimed
(02:05):
bar boss. Unfortunately, Peter recently turned himself in due to
I are as crimes where he was found guilty. I'm sorry,
I think he played guilty. As we get into this,
right and listen, it's it's it's very tough because I
(02:26):
know him, but he is currently in prison. So Courtney,
let's just get into what is going on with Peter Thomas.
He played guilty to failing to pay over two point
five million dollars in payroll taxes to the Department of Justice,
(02:47):
receiveds showing employee withholdings allegedly redirected into luxury shopping and
high rolling living. As the bar One Brent expanded from
Charlotte to Miami to Baltimore, the Fed say the unpaid
taxes followed, and so did a paper trail that reads
(03:09):
like a Bravo after party God federal courtney, get into
a girl. What is going on with Peter?
Speaker 2 (03:17):
Listen, The thing about Peter is he's no stranger to headlines.
Like you, you led with this is your friend. You
guys even tried to do a project together. You did
do a project together.
Speaker 1 (03:30):
Yeah, we tried to do the bar one one Let's
spin off?
Speaker 2 (03:35):
Yeah right, But you know you know him more than
anyone and knows that he's no stranger to headlines, whether
it's Real Housewife of Atlanta spats, ambitious bar openings, and
post Bravo ventures. He's always been in the mix. But
(03:57):
this time it's not reality drama. It's a federal conviction.
We're talking trust fund taxes, which means literally taking money
from employees paychecks that was supposed to go directly to
the RS. According to prosecutors, Peter kept collecting it but
(04:18):
never sent it in. And that's just not about It's
bigger than just about mispayments. That's it. It's a straight
up fellow me and every word that comes out of
if you've ever had to endure an audit, if you've
ever been one of the employees that are like, hey,
(04:41):
you're taking all of this money out of my check
and they're expecting a refund. They're not getting their refunds
because this money was never sent in to the rs.
So it affects. It's a ripple effect of everything, whether
you're not paying your employees, whether the money that was
withheld from their checks, they're not getting it back in
(05:04):
the form of a refund. So the employees can also
be in in tax you know, penalties in tax trouble.
We've seen this play out in so many celebrities lives,
everybody from Wesley Snipes when he had this seven million
(05:25):
dollar tax evasion conviction, Lauren Hill when she was sentenced
to for failure to pay roughly a million dollars in taxes,
even Fat Joe who had nearly three million dollars in taxes.
The difference is those were their taxes, that was their money.
(05:49):
So with Peter's case, it is his employee's money that
he was playing with, and it was supposed to be
held in a trust for the government and the that
the I r S considers this sacred money. And once
you cross the line and you keep that money for yourself. Uh,
(06:12):
it's not about blaming an accountant, it's about you're in
territories that are considered federal Trust fund theft. So that's
what he is dealing with right now. And it is
it is bad.
Speaker 1 (06:30):
No, it's it's it's horrible. So, just so I'm clear
and able to break this down to the rain drops,
Peter went to jail because he failed to pay the
withholding fees that a business owner, a business owner has
(06:51):
to pay to the i RS when they have employees.
Is that what? So that's basically.
Speaker 2 (06:58):
In a nutshell, your company, say it's your company or
my company, money is withheld from where we claim that
if you have a body of ten employees, taxes that
are supposed to be withheld or taxes that are payroll
that you're saying is designated. I'm going to pay my
(07:22):
employees this amount. I'm keeping that money in a trust.
I'm going to keep this money safely and securely in
a trust, and I'm going to be responsible for paying
the taxes. So when you send off your tax documents,
whatever whatever, whatever that money is designated to pay, you're
(07:45):
telling the IRS, I have two point five million dollars
that is supposed to go towards my employee payroll. You're
claiming that right, you're saying, if I made ten million dollars,
two point five million dollars of that is going is
(08:06):
I'm setting aside to pay my employees, so that you're
not paying taxes on the full ten million dollars. You're
actually paying taxes on what is that seven point eight
million dollars, that's what you're supposed to be paying taxes
on because two point five or I'm sorry, you're paying
(08:29):
taxes on seven point five million dollars versus paying taxes
on two point five million dollars because you're saying the
two point five out of the ten million that's designated
two point five dollars is designated to my payroll, So
I'm supposed to use that money to pay my employees. Well,
employees were working and saying they weren't getting their money,
(08:51):
where is their money? And he was using their money
for himself.
Speaker 1 (08:59):
Goddess God, I got it on it.
Speaker 2 (09:01):
So he was inevitably not paying taxes, not allegedly uh
tax money that was supposed to be withheld for within
your trust for employees payroll, he was using it for himself.
They're talking from and when you have to turn in
(09:24):
your accounting and how you spent this money. If you're
allotting that, well two point five went to payroll, and
whistle blowers or employees are saying you didn't. You haven't
paid me anything. I haven't got paid. You're opening up
all these restaurants, but you're showing up with new Louis,
new Gucci, new cars, new new things with our money.
(09:48):
That's where it got really dicey. And you have to
prove what you bought. So when they audit you and
go through your books, the irs does not play. When
they go through your books, you have to justify by
all of your spending and they can see where all
your money went. So for him, it went to places
that it shouldn't have and it wasn't.
Speaker 1 (10:12):
So yeah, So what is so interesting about this is
when it and we'll get into the details. But obviously,
you know, my audience are huge fans of the Real
Housepots of Atlanta. And while Peter's on the show, and
I'm sure you you've seen this to Courtney watching the
show those years as well, there's always been you know,
(10:33):
rumors and shade throwing Peter's way. You know, Phaedra and
Porsche famously called bar one Bar None. They have accused
Peter throughout the show of not playing his employees. They
have accused Peter throughout the show, I'm not paying people
(10:54):
in general. We all know that season three when Peter
and Sempa came on the show, that they did not
have any money, that they ran out of money, and
how Cynthia was somebody, as a proud model since she
was a teenager, spent her entire life saving money because
as a model, when the getting is good, you get
(11:15):
it because you know that the shelf life of a
model sort of expires when you hit your thirties. Unfortunately,
right so here she is a woman in her forties
getting married for the first time and they are now
both in death. Now what happened after that is bar
One has been featuring the show. We were going to
(11:38):
do a spin off of bar One Charlotte that did
not get picked up by the network. When it comes
to the sort of smoking mirrors of what was going
on these years on the show, are you surprised by
what is going on with Peter?
Speaker 2 (12:00):
No, I'm not, because it's not smoking mirrors. When you
if you follow the money, you're gonna land at the truth.
You know, like a lot of times these were allegations.
I do think though, when allegations turn into actuality, that's
(12:24):
what we're dealing with here. And I've gotta say this,
like Peter is always gonna be connected in word and
in breadth to real housewives of Atlanta Royalty, Cynthia Bailey,
who I absolutely admire in all of this because when
I say, no other housewives that I know of would
(12:49):
maintain such grace and poise, even though her name gets
drug in association with him. So just kudos to her
for being nothing but quiet and gracious in all of them.
I know she's like, ooh, I dodged a bullet. She
has not given any messy interviews, she has not posted
(13:12):
anything cryptic. She is just book busy in minding her business.
So I like that. But with him, we've seen it,
We've seen what comes across sometimes is his arrogance, his
boss moves, his for lack of a better word, his
(13:36):
lack of knowledge when you're over your head trying to
run these businesses. So I do believe where there was smoke,
there was fire, and unfortunately, by pleading guilty, you're at
least owning your part in the mishap. With respect to
(13:56):
the money.
Speaker 1 (13:57):
It's why it was been going on. So I want
to give the rain drops a timeline of what's been happening.
So these are all the allegations that we found based
on just the public records of the core documents. So
listen up, rain drops. I'll just say allegedly for the
(14:19):
sake of saying it, Allegedly, between the years of two
thousand and seventeen. In twenty twenty three, Peter allegedly failed
to pay over two point five million in payroll taxes.
The Department of Justice outlines over one point seven million
from employee withholdings were diverted. On July second of twenty
(14:46):
twenty four, Peter did a guilty plead. December nineteenth of
twenty twenty four is when Peter was sentenced at eighteen
months plus two years provides release plus two point five
six million dollars in restitution the court knows luxury spending
(15:10):
and transfers. August first of twenty twenty five is when
Peter reported to Miami Federal Prison to where he is
currently serving his sentence. So Courtney, this is interesting. So
he's been sentenced to eighteen months in prison. He did
(15:32):
plead guilty based on him pleading guilty because we know
that some people. We talked about the Chris Lees who
went to prison for the alleged accusation, the alledged crime
of withholding tax as well. I'm not sure it was
(15:52):
payroll tax. I think was just record tax. But I'll
have you explain that. Okay, did Peter get it, in
your opinion, a lighter sentence because he did, after all,
plead guilty, whereas the other affirmission celebrities that we know
from the Bravo world u pled not guilty, and when
(16:14):
they were found guilty, their sentence did seem harsher.
Speaker 2 (16:18):
Well, we're talking about it's not tax evasion as much
as fraud, tax fraud. For Peter, what's the difference, Well, again,
he wasn't. They're talking When you're talking about the Chris Leeds,
when you're talking about Teresa, we're talking about their money.
When we're talking about Peter, he's we're talking about other
(16:39):
people's money. We're talking about payroll. So he it's it's
it's a different dynamics, same tax uh fraud, but it's
different dynamics because it's one thing for me to claim
I didn't get money or I got money, and I
didn't necessarily say all the money that I got, it's it.
(17:02):
I feel entitled to my money, which is a lot
of times why they like the crescies pled not guilty.
They were like, this is our money, we earned it.
We didn't defraud all the companies that they were alleged
to have defrauded. We're talking about people who were waiting
on their paychecks, and Peter used the money for payroll
(17:25):
to keep and spend on himself. It's not his money,
so you know it belongs to your employees and the
irs they're still on the hook for. It's a different
kind of fraud. It's not just tax evasion. It's fraud
you to you use my money. I still am claiming
(17:47):
that I was supposed to make this money. I earned
this money. You kept it and bought Louie every dollar
in that trust fund. You were the trusted person for
the trust fund for your payroll employees, and you spent
that money allegedly on yourself. That's government property. That's money
(18:11):
that should have been withheld for your employees. You pocketed it.
That's what the prosecutors are. That's what he's gone to
gel for. That was what the conviction was for it
wasn't his money to spend. So having said all of that,
that's a federal offense because you still owe restitution to
(18:35):
not a company, you owe restitution to these people who
came to work every day and never got paid. Eighteen
months is not a long time, so I wouldn't necessarily
call it a light sentence. But because he's it's eighteen
months in federal prison, I don't know that they're shaven
(18:57):
down that time. Fed time is really real time, like
you know, I just don't know if he might have
to end up serving the entire eighteen months. And then
let's not forget that he got eighteen months plus two
years supervised, and he still has to figure out a
way to pay back the two point six y five
(19:19):
million dollars two point five two h million dollars in restitution.
So you've got eighteen months in federal prison, you've got
two years supervised release, and then you still have to
pay back the money you owe that you spent that
(19:41):
should have been going to your employees. I think there
was there was a person that I felt really sad
for one of his employees that had been working and
showing up and promised her paycheck for months on end
and she just never got her. So imagine going to
(20:01):
work every day and still not collecting your money. It's
it's like crazy.
Speaker 1 (20:08):
To piggyback off of what you're saying, Courtney, which is
just this is getting crazy and crazier. So Peter is
currently serving time in the it's a Miami prison. It's
called the federal What's hold on a second, I want
(20:29):
to make sure I get it right. It's a federal prison.
It's a federal it's called the Federal Correctional Institution in Miami.
So rain drops, listen up to what allegedly happened. So
they're saying that Peter allegedly withdrew two point five million
(20:51):
dollars from its businesses, used three hundred and seventy thousand
dollars for travel in real estate, and use more than
two hundred and fifty thousand dollars on shopping at high
end stores.
Speaker 2 (21:08):
Coney while you laugh, you can't believe baton your way
out of a ledger?
Speaker 1 (21:14):
They was what that wasn't it was?
Speaker 2 (21:17):
It? I read several reports that he did several spending
sprees on uh Louis vuiton that's why I keep mentioning
Louis Baton he was a beeton more than Dion Sanders. Listen, listen,
you can't do that because it's not your money. You
(21:41):
have your poor little employees just trying to you know,
bottoms up on their paycheck, and you they can't have
it because you're spending two hundred and fifty thousand dollars.
You just read those numbers. Two hundred and fifty thousand
dollars in shopping, shopping at Target. With that money, he
(22:02):
was at Louis and Gucci, Louie and Gucci. Every bag
that he bought, everything that he bought was also part
of the prosecutor's exhibits. So when you look at the
court document and you see those ledgers of Exhibit A,
(22:26):
Exhibit B, there was a lot of designer goods leave
Bauton that were entered into the court's records as as
part of what he spent the money on. Allegedly.
Speaker 1 (22:44):
Yeah, so Peter Thomas before, so Courtney, before Peter turned himself,
not turn himself in child before I thought of right
worse the yous chyld y'all know, I've been the ab
dy k Williams School of Law so I'm talking of
(23:05):
fu the right terminology. Okay, thank Kelly.
Speaker 2 (23:08):
I've gotten my law degree from Law and Order University.
Speaker 1 (23:12):
Exactly. So Peter reported to president on August first. But
before he did that, Courtney Peter did have this to
say on Instagram. And this is what he said, Courtney Parker,
and I quote all my people told me not to
post this, that I am crazy. If I do, I
(23:34):
am not crazy, just realist. Fuck. The first thing I
must say to all new business owners, please pay that
withholding tax. You do not want to be in the
position that I am right now. The law is the law.
It's not easy for us black men, especially my industry.
(23:57):
No bank fund, restaurant, bar loud. We have to put
that shit on us. This is a new chapter in
my life. It's called accountability and responsibility. He concluded accordinate
by saying God bless And by the way, I didn't
just found God in my time with troubles. I was
(24:20):
raised this way. Love Peet, which is Peter Thomas.
Speaker 2 (24:27):
How do you feel about that?
Speaker 1 (24:30):
I mean, look, I will say this, I will say
this obviously. I love Peter. I love Peter. I've known
Peter for oh my gosh, oh my gosh, fourteen years Peter.
Peter is a good guy. He's a great person. Now,
with that being said, obviously Peter did something bad, and
(24:53):
I'm not here to dispute that what Peter did is bad, right.
I do appreciate Peter holding himself accountable. And look, now
there are things within that quote right that I know
a lot of people rightfully so would find hard to
(25:16):
swallow as he's sort of on one hand, he's saying
he's taking accountability, but I can see how people may
feel like he isn't by saying it's not easy for
us black men in our industry. And I want to
go on records saying there's a lot of black men
who own companies that are paying, they're were holding taxes.
(25:39):
There are tons of black men in the industry who
do hire accountants to figure things out when it comes
to the RS. So I don't want to make this
a race thing. I think what Peter did is a
Peter thing. And I say that to say, Peter has
been in the business for a very long time. And
if the accusations are true, that the money was spent
(26:00):
on real estate, shopping and et cetera, then you can't
blame your you being a black man for that, and
I love Peter, and I hope, I hope Peter did
not mean in that way. I'm pretty sure when Peter
watches this, he's going to call me, phone me a
customing out, because that's what Peter does. And Peter, I
love you. If I got it wrong, hit me up, brother,
(26:23):
I love you. But listen, I think it's I will
say this, he pled guilty.
Speaker 2 (26:31):
He did, and I will say in Peter's defense, and
I know, good thing he's not tied to any real
housewife now, because I always get on the hook for
defending the real housewives husbands. What I believe he was
(26:52):
trying to say, and I would agree with it is
harder for black business owners to navigate through the red
tape of the irs. It really is. When you have
a nightlife is a high cash flow, high turnover business.
(27:16):
Add to that multiple locations, a mix of cash and
credit transactions, and the temptation to borrow money from your
business for your own personal use. If you're not if
you have not taken business courses, if you're so busy
making the money and then spending the money and not
(27:37):
paying attention to the expansion and having bullet proof bookkeeping.
Business owners can get caught up. So I'm assuming because
he did plead guilty and he just said within his
own quote he got caught up. I don't think he
understood the extent of it. And I will say the
(27:58):
irs is ten times harsher on businesses for minorities then
they are on businesses that are not under a micro
I mean that are not under a magnifying glass. Because
Peter was who he was, attention was going to be
(28:19):
on him. He's very outspoken, he's very charismatic, and he
talks a lot of shit, excuse my language. And so
when you have those recipes, it could be a recipe
for good, a success or a recipe for disaster. And
I think had it not been for people not getting
(28:41):
paid and him not understanding that his livelihood and how
flashy he was was affecting somebody else's livelihood because they
were the bartender or they were the waitress, I think
because the right because those worlds are so separate. If
I'm making ten dollars an hour as a waitress and
(29:07):
I'm banking on my tips, and I'm getting my tips,
but I'm not getting my payroll, my check, and I
need my check then, and I'm looking at Peter who's
coming in with a new pair of Gucci or Louis
Waitah loafers, and I need my ten dollars. I think
sometimes people who have extreme wealth or who was living
(29:30):
the life get so caught up in the life that
they forget that there are people. These people who are
making a minimum amount of money need their money, so
it's their money, and he's thinking, well, this is my business,
so I can dip my hand over here if I
need to dip my hand over there without literally understanding
(29:53):
how strategic and how ironclad your bookkeeping needs to be,
and not probably wanting to be educated enough that you're
trusting somebody else with your money. When we talk about
the Wesley Snipes and the Lauren Hills, people get taken
advantage of by these accountants all day long. So when
(30:14):
we start to step into a lane that you're not
really well versed in, it becomes a very delicate but
dangerous dance that you're you're doing. When you're like, I
think I can run my business, but I'm in over
my head.
Speaker 1 (30:32):
Yeah, listen, I'm with you. When it comes to the
employees making minimum wage and relying on their paycheck and
and not getting it. I'm with you on that month,
and there's there's there's no excuse for for for that.
If you are spending money buying these things the real
estate as shopping, and your employees who are bartenders who
(30:55):
oftentimes rely on tips, that's that's that's bad. It's like
I say bad, there's I don't. I don't think anybody's
making an excuse for him. And listen, he clearly is
not making any He took the words out of my mouth.
What I would like to get to, Courtney, is the
fact that a lot of people assume that in these situations,
(31:16):
once you serve your time, it's over. Explain to me
how that may not always be the case, because when
things fall under the guidelines of restitution, right, even when
Peter serves his time, whether it's the full eighteen months
(31:37):
or he gets out a little bit earlier due to
good behavior, talk to me and explain to me. And
the rain drops, Courtney, when he gets out, there's still
things he has to do that's court ordered, right, he has.
Speaker 2 (31:54):
To make hold the money. So whatever the amount, and
by the time you get out, whatever the restitution is
if it is one point seven or if it's two
point five, that money has to be paid to the
people who did not receive their payroll taxes, whatever was withheld.
(32:18):
Whatever he owes the irs, the IRS is going to
get their money, So they'll get their money by way
of he'll have an opportunity to either make payments towards
his restitution or if he has it like that, he'll
be able to just pay the restitution. Like I don't
know what Peter's finances is are. We don't know that.
(32:42):
But when he gets out of jail, whatever he has,
if he was buying properties with it, they can take
those properties, or he'll have the opportunity to sell those
properties to make hold the restitution. It's like a bill.
It's an IRS bill that they will distribute, or it's
a court bill. So you you now owe in restitution
(33:03):
to the families, the employees that need their money, and
to the i r s. You can sometimes if you
have a good accountant, they can make deals with the
i RNs to bring that number down. If you're making
if he's doing step one, which is pleading guilty, owning
(33:25):
it and being responsible for it, there is a good chance.
I would say, just based off of everything you said
about Peter and everything that I've seen about Peter, there's
an opportunity for him to make right if he has
the money, settle this down, get this settled down to
a reasonable amount that he actually can can pay. He
(33:48):
might sell off one of the properties. They might They
might give him time to earn this money. So when
you you might he might approach you to say, Hey, Carlo,
let's let's do a do over with respect to a show,
because now I got this two point six million dollar
restitution bill to make. We might want to see Peter
(34:12):
get out of jail, but he ain't getting out of
jail free. There is no get out of jee free
prior there is a you have a get out of
jail debt card that you have to pay.
Speaker 1 (34:26):
So all the money, whatever money he makes for the
rest of his life, the moment he gets relieved, he
must pay back this two point five million dollars and
what and all his money will be garnished. Does it
work that way, absolutely.
Speaker 2 (34:44):
Because it's the I R S. Unless he gets a pardon,
uh like the Chrysalies did. Unless he gets a pardon
and they excuse and eliminate that debt. He can fight
it to get it either tossed out or reduced. But
the reality is when it comes to the irs, especially
(35:07):
if you pled guilty, they want their money. So unless
he's sitting on millions and millions of dollars that we
just don't know about, because he could get out of
jail and say, hey, I'm just gonna pay it on off,
he could have it like that, I don't know. But
if he did, here's the question. If he did, he
(35:28):
would have already done it. So until that debt is paid,
he's going to owe it. Because you have an opportunity
before the crime is committed to make this right. So
this is an expensive lesson for him and understanding. And
that's what happened with Wesley Snips, that's what happened with
(35:53):
Lauren Hill. Everyone learned the expensive lesson of trusting other
people with their with their money and their taxes. And
what he's learned is the IRS doesn't take ile use
because he was playing around with what he thought he
could use as his money because it was his company,
(36:13):
but it was entrusted to him to pay payroll taxes
on behalf of his employees got it another stinoff show.
He he'll be able to wipe this deck clean.
Speaker 1 (36:27):
Carlos King, I mean two point five million dollars paying
that back. That's that has to be like a Love
Island type of show, Baby, that big show in the land.
And you know the husbands don't get paid on housewives.
Speaker 2 (36:43):
Yeah, that's a trade secret that I don't think most
people know.
Speaker 1 (36:49):
Yeah, it's it's it's it's it's it's it's it's the truth.
All right, So listen, he is serving his time. He
turned himself in in August first two weeks ago. Courtney,
what word of advice do you have to business owners
(37:09):
so that they won't end up in this same fate?
Speaker 2 (37:14):
I would say, don't borrow money you can't pay back,
and never borrow from Uncle Sam. He doesn't forget and
he definitely does not forgive.
Speaker 1 (37:25):
Good advice. No, because you know the cause you know
it's a double talk, drove the whole life forgiving depth
and like and forgiving the.
Speaker 2 (37:35):
Okay, okay, I got my little Kendrick mur.
Speaker 1 (37:42):
So, Sizza got it. Okay, work, but.
Speaker 2 (37:46):
No, in all true, like don't borrow money going into business.
I would always also suggest it's okay to start small
and stay small until you have some real understanding. I
think where Peter started to get in trouble with Some
people get a garner of success and then they want
(38:10):
to expand and expand and expand. Like you're a business owner.
You literally grew kingdom rain more so by morsel by morsel,
until it becomes this wonderful cookie. I think when you
sometimes step out of the rain the realm of what
(38:31):
you actually know. It's hard to be the face of
something too, like Peter was the face he was trying
to function it. It's just just stay in your lane
sometimes and understand that. Get you somebody that knows about money.
As you grow, it's all a gamble, but it's worth
(38:53):
it to either go get you, take you some classes
so that you can understand basic bookkeeping. Keep your eye
on it, but let somebody else who is in that lane,
who has successfully been in charge of money for other businesses,
(39:15):
handle it so that you can be unapologetically you.
Speaker 1 (39:20):
And there you have it. So in closing, that's the
real reality where the bar taps close, but the consequences
stay open. All right, Courtney Parker, that was a bar.
Carlos King, Carlos minaj is when I go by, I
(39:41):
am the son of Nikki NICKI said all of you,
all my sons, and I say yes mother. But Courtney Parker,
thank you for another one. I'll see you back next
week for all new episodes of Reality Crime Story where
we will die into another case that we will put
(40:02):
to rest. Reality with the King is executive produced by
me Carlos King, produced by Lizzie Nimitz, and a partnership
with the Lack Effect Network. You can also find us
on my YouTube channel at the Carlos King Underscore
Reality with the King is hosted by me, Carlos King.
I'm an executive producer who have produced some of your
favorite shows from the Real Housewives in Atlanta, New Jersey
and my own creation, The Love and Marriage Franchise and
Bell Collective. Every episode we recap reality television from the
Real Housewives Franchise to The Bachelor or Selling Sunset, in
(00:27):
addition to celebrity guests, whether in the unscripted space or
scripted as well. All right, rain Dross, If you've been
sipping with us, then you know Reality Crime Stories is
where glam meets grit and the headlines always comes with
(00:51):
the sight of hard truth. Every week, Courtney Parker and
I put back the velvet robe on fame, fortune and
the fallout they try to hide.
Speaker 2 (01:01):
That's right, Carlos, Everything from reality TV scandals to the
crimes committed behind the cameras, whether it happens on or
off the screen, Carlos and I will bring you the
tea surrounding hot topic crime stories involving all of your
favorite reality TV personalities.
Speaker 1 (01:20):
And if today's story taught us anything, child is that
in this world the tea is never just hot, it's criminal.
Courtney Parker and I are back with another episode of
Reality Crime Stories. Hey Courtney, Hey Carlos So. In this
(01:44):
episode titled from Bar One to Federal Prison Blues, Courtney
Parker and I are going to get into my friend
Peter Thomas, formerly of the Real Housewives of Atlanta, as
you all know him as a night life impressario suffroclaimed
(02:05):
bar boss. Unfortunately, Peter recently turned himself in due to
I are as crimes where he was found guilty. I'm sorry,
I think he played guilty. As we get into this,
right and listen, it's it's it's very tough because I
(02:26):
know him, but he is currently in prison. So Courtney,
let's just get into what is going on with Peter Thomas.
He played guilty to failing to pay over two point
five million dollars in payroll taxes to the Department of Justice,
(02:47):
receiveds showing employee withholdings allegedly redirected into luxury shopping and
high rolling living. As the bar One Brent expanded from
Charlotte to Miami to Baltimore, the Fed say the unpaid
taxes followed, and so did a paper trail that reads
(03:09):
like a Bravo after party God federal courtney, get into
a girl. What is going on with Peter?
Speaker 2 (03:17):
Listen, The thing about Peter is he's no stranger to headlines.
Like you, you led with this is your friend. You
guys even tried to do a project together. You did
do a project together.
Speaker 1 (03:30):
Yeah, we tried to do the bar one one Let's
spin off?
Speaker 2 (03:35):
Yeah right, But you know you know him more than
anyone and knows that he's no stranger to headlines, whether
it's Real Housewife of Atlanta spats, ambitious bar openings, and
post Bravo ventures. He's always been in the mix. But
(03:57):
this time it's not reality drama. It's a federal conviction.
We're talking trust fund taxes, which means literally taking money
from employees paychecks that was supposed to go directly to
the RS. According to prosecutors, Peter kept collecting it but
(04:18):
never sent it in. And that's just not about It's
bigger than just about mispayments. That's it. It's a straight
up fellow me and every word that comes out of
if you've ever had to endure an audit, if you've
ever been one of the employees that are like, hey,
(04:41):
you're taking all of this money out of my check
and they're expecting a refund. They're not getting their refunds
because this money was never sent in to the rs.
So it affects. It's a ripple effect of everything, whether
you're not paying your employees, whether the money that was
withheld from their checks, they're not getting it back in
(05:04):
the form of a refund. So the employees can also
be in in tax you know, penalties in tax trouble.
We've seen this play out in so many celebrities lives,
everybody from Wesley Snipes when he had this seven million
(05:25):
dollar tax evasion conviction, Lauren Hill when she was sentenced
to for failure to pay roughly a million dollars in taxes,
even Fat Joe who had nearly three million dollars in taxes.
The difference is those were their taxes, that was their money.
(05:49):
So with Peter's case, it is his employee's money that
he was playing with, and it was supposed to be
held in a trust for the government and the that
the I r S considers this sacred money. And once
you cross the line and you keep that money for yourself. Uh,
(06:12):
it's not about blaming an accountant, it's about you're in
territories that are considered federal Trust fund theft. So that's
what he is dealing with right now. And it is
it is bad.
Speaker 1 (06:30):
No, it's it's it's horrible. So, just so I'm clear
and able to break this down to the rain drops,
Peter went to jail because he failed to pay the
withholding fees that a business owner, a business owner has
(06:51):
to pay to the i RS when they have employees.
Is that what? So that's basically.
Speaker 2 (06:58):
In a nutshell, your company, say it's your company or
my company, money is withheld from where we claim that
if you have a body of ten employees, taxes that
are supposed to be withheld or taxes that are payroll
that you're saying is designated. I'm going to pay my
(07:22):
employees this amount. I'm keeping that money in a trust.
I'm going to keep this money safely and securely in
a trust, and I'm going to be responsible for paying
the taxes. So when you send off your tax documents,
whatever whatever, whatever that money is designated to pay, you're
(07:45):
telling the IRS, I have two point five million dollars
that is supposed to go towards my employee payroll. You're
claiming that right, you're saying, if I made ten million dollars,
two point five million dollars of that is going is
(08:06):
I'm setting aside to pay my employees, so that you're
not paying taxes on the full ten million dollars. You're
actually paying taxes on what is that seven point eight
million dollars, that's what you're supposed to be paying taxes
on because two point five or I'm sorry, you're paying
(08:29):
taxes on seven point five million dollars versus paying taxes
on two point five million dollars because you're saying the
two point five out of the ten million that's designated
two point five dollars is designated to my payroll, So
I'm supposed to use that money to pay my employees. Well,
employees were working and saying they weren't getting their money,
(08:51):
where is their money? And he was using their money
for himself.
Speaker 1 (08:59):
Goddess God, I got it on it.
Speaker 2 (09:01):
So he was inevitably not paying taxes, not allegedly uh
tax money that was supposed to be withheld for within
your trust for employees payroll, he was using it for himself.
They're talking from and when you have to turn in
(09:24):
your accounting and how you spent this money. If you're
allotting that, well two point five went to payroll, and
whistle blowers or employees are saying you didn't. You haven't
paid me anything. I haven't got paid. You're opening up
all these restaurants, but you're showing up with new Louis,
new Gucci, new cars, new new things with our money.
(09:48):
That's where it got really dicey. And you have to
prove what you bought. So when they audit you and
go through your books, the irs does not play. When
they go through your books, you have to justify by
all of your spending and they can see where all
your money went. So for him, it went to places
that it shouldn't have and it wasn't.
Speaker 1 (10:12):
So yeah, So what is so interesting about this is
when it and we'll get into the details. But obviously,
you know, my audience are huge fans of the Real
Housepots of Atlanta. And while Peter's on the show, and
I'm sure you you've seen this to Courtney watching the
show those years as well, there's always been you know,
(10:33):
rumors and shade throwing Peter's way. You know, Phaedra and
Porsche famously called bar one Bar None. They have accused
Peter throughout the show of not playing his employees. They
have accused Peter throughout the show, I'm not paying people
(10:54):
in general. We all know that season three when Peter
and Sempa came on the show, that they did not
have any money, that they ran out of money, and
how Cynthia was somebody, as a proud model since she
was a teenager, spent her entire life saving money because
as a model, when the getting is good, you get
(11:15):
it because you know that the shelf life of a
model sort of expires when you hit your thirties. Unfortunately,
right so here she is a woman in her forties
getting married for the first time and they are now
both in death. Now what happened after that is bar
One has been featuring the show. We were going to
(11:38):
do a spin off of bar One Charlotte that did
not get picked up by the network. When it comes
to the sort of smoking mirrors of what was going
on these years on the show, are you surprised by
what is going on with Peter?
Speaker 2 (12:00):
No, I'm not, because it's not smoking mirrors. When you
if you follow the money, you're gonna land at the truth.
You know, like a lot of times these were allegations.
I do think though, when allegations turn into actuality, that's
(12:24):
what we're dealing with here. And I've gotta say this,
like Peter is always gonna be connected in word and
in breadth to real housewives of Atlanta Royalty, Cynthia Bailey,
who I absolutely admire in all of this because when
I say, no other housewives that I know of would
(12:49):
maintain such grace and poise, even though her name gets
drug in association with him. So just kudos to her
for being nothing but quiet and gracious in all of them.
I know she's like, ooh, I dodged a bullet. She
has not given any messy interviews, she has not posted
(13:12):
anything cryptic. She is just book busy in minding her business.
So I like that. But with him, we've seen it,
We've seen what comes across sometimes is his arrogance, his
boss moves, his for lack of a better word, his
(13:36):
lack of knowledge when you're over your head trying to
run these businesses. So I do believe where there was smoke,
there was fire, and unfortunately, by pleading guilty, you're at
least owning your part in the mishap. With respect to
(13:56):
the money.
Speaker 1 (13:57):
It's why it was been going on. So I want
to give the rain drops a timeline of what's been happening.
So these are all the allegations that we found based
on just the public records of the core documents. So
listen up, rain drops. I'll just say allegedly for the
(14:19):
sake of saying it, Allegedly, between the years of two
thousand and seventeen. In twenty twenty three, Peter allegedly failed
to pay over two point five million in payroll taxes.
The Department of Justice outlines over one point seven million
from employee withholdings were diverted. On July second of twenty
(14:46):
twenty four, Peter did a guilty plead. December nineteenth of
twenty twenty four is when Peter was sentenced at eighteen
months plus two years provides release plus two point five
six million dollars in restitution the court knows luxury spending
(15:10):
and transfers. August first of twenty twenty five is when
Peter reported to Miami Federal Prison to where he is
currently serving his sentence. So Courtney, this is interesting. So
he's been sentenced to eighteen months in prison. He did
(15:32):
plead guilty based on him pleading guilty because we know
that some people. We talked about the Chris Lees who
went to prison for the alleged accusation, the alledged crime
of withholding tax as well. I'm not sure it was
(15:52):
payroll tax. I think was just record tax. But I'll
have you explain that. Okay, did Peter get it, in
your opinion, a lighter sentence because he did, after all,
plead guilty, whereas the other affirmission celebrities that we know
from the Bravo world u pled not guilty, and when
(16:14):
they were found guilty, their sentence did seem harsher.
Speaker 2 (16:18):
Well, we're talking about it's not tax evasion as much
as fraud, tax fraud. For Peter, what's the difference, Well, again,
he wasn't. They're talking When you're talking about the Chris Leeds,
when you're talking about Teresa, we're talking about their money.
When we're talking about Peter, he's we're talking about other
(16:39):
people's money. We're talking about payroll. So he it's it's
it's a different dynamics, same tax uh fraud, but it's
different dynamics because it's one thing for me to claim
I didn't get money or I got money, and I
didn't necessarily say all the money that I got, it's it.
(17:02):
I feel entitled to my money, which is a lot
of times why they like the crescies pled not guilty.
They were like, this is our money, we earned it.
We didn't defraud all the companies that they were alleged
to have defrauded. We're talking about people who were waiting
on their paychecks, and Peter used the money for payroll
(17:25):
to keep and spend on himself. It's not his money,
so you know it belongs to your employees and the
irs they're still on the hook for. It's a different
kind of fraud. It's not just tax evasion. It's fraud
you to you use my money. I still am claiming
(17:47):
that I was supposed to make this money. I earned
this money. You kept it and bought Louie every dollar
in that trust fund. You were the trusted person for
the trust fund for your payroll employees, and you spent
that money allegedly on yourself. That's government property. That's money
(18:11):
that should have been withheld for your employees. You pocketed it.
That's what the prosecutors are. That's what he's gone to
gel for. That was what the conviction was for it
wasn't his money to spend. So having said all of that,
that's a federal offense because you still owe restitution to
(18:35):
not a company, you owe restitution to these people who
came to work every day and never got paid. Eighteen
months is not a long time, so I wouldn't necessarily
call it a light sentence. But because he's it's eighteen
months in federal prison, I don't know that they're shaven
(18:57):
down that time. Fed time is really real time, like
you know, I just don't know if he might have
to end up serving the entire eighteen months. And then
let's not forget that he got eighteen months plus two
years supervised, and he still has to figure out a
way to pay back the two point six y five
(19:19):
million dollars two point five two h million dollars in restitution.
So you've got eighteen months in federal prison, you've got
two years supervised release, and then you still have to
pay back the money you owe that you spent that
(19:41):
should have been going to your employees. I think there
was there was a person that I felt really sad
for one of his employees that had been working and
showing up and promised her paycheck for months on end
and she just never got her. So imagine going to
(20:01):
work every day and still not collecting your money. It's
it's like crazy.
Speaker 1 (20:08):
To piggyback off of what you're saying, Courtney, which is
just this is getting crazy and crazier. So Peter is
currently serving time in the it's a Miami prison. It's
called the federal What's hold on a second, I want
(20:29):
to make sure I get it right. It's a federal prison.
It's a federal it's called the Federal Correctional Institution in Miami.
So rain drops, listen up to what allegedly happened. So
they're saying that Peter allegedly withdrew two point five million
(20:51):
dollars from its businesses, used three hundred and seventy thousand
dollars for travel in real estate, and use more than
two hundred and fifty thousand dollars on shopping at high
end stores.
Speaker 2 (21:08):
Coney while you laugh, you can't believe baton your way
out of a ledger?
Speaker 1 (21:14):
They was what that wasn't it was?
Speaker 2 (21:17):
It? I read several reports that he did several spending
sprees on uh Louis vuiton that's why I keep mentioning
Louis Baton he was a beeton more than Dion Sanders. Listen, listen,
you can't do that because it's not your money. You
(21:41):
have your poor little employees just trying to you know,
bottoms up on their paycheck, and you they can't have
it because you're spending two hundred and fifty thousand dollars.
You just read those numbers. Two hundred and fifty thousand
dollars in shopping, shopping at Target. With that money, he
(22:02):
was at Louis and Gucci, Louie and Gucci. Every bag
that he bought, everything that he bought was also part
of the prosecutor's exhibits. So when you look at the
court document and you see those ledgers of Exhibit A,
(22:26):
Exhibit B, there was a lot of designer goods leave
Bauton that were entered into the court's records as as
part of what he spent the money on. Allegedly.
Speaker 1 (22:44):
Yeah, so Peter Thomas before, so Courtney, before Peter turned himself,
not turn himself in child before I thought of right
worse the yous chyld y'all know, I've been the ab
dy k Williams School of Law so I'm talking of
(23:05):
fu the right terminology. Okay, thank Kelly.
Speaker 2 (23:08):
I've gotten my law degree from Law and Order University.
Speaker 1 (23:12):
Exactly. So Peter reported to president on August first. But
before he did that, Courtney Peter did have this to
say on Instagram. And this is what he said, Courtney Parker,
and I quote all my people told me not to
post this, that I am crazy. If I do, I
(23:34):
am not crazy, just realist. Fuck. The first thing I
must say to all new business owners, please pay that
withholding tax. You do not want to be in the
position that I am right now. The law is the law.
It's not easy for us black men, especially my industry.
(23:57):
No bank fund, restaurant, bar loud. We have to put
that shit on us. This is a new chapter in
my life. It's called accountability and responsibility. He concluded accordinate
by saying God bless And by the way, I didn't
just found God in my time with troubles. I was
(24:20):
raised this way. Love Peet, which is Peter Thomas.
Speaker 2 (24:27):
How do you feel about that?
Speaker 1 (24:30):
I mean, look, I will say this, I will say
this obviously. I love Peter. I love Peter. I've known
Peter for oh my gosh, oh my gosh, fourteen years Peter.
Peter is a good guy. He's a great person. Now,
with that being said, obviously Peter did something bad, and
(24:53):
I'm not here to dispute that what Peter did is bad, right.
I do appreciate Peter holding himself accountable. And look, now
there are things within that quote right that I know
a lot of people rightfully so would find hard to
(25:16):
swallow as he's sort of on one hand, he's saying
he's taking accountability, but I can see how people may
feel like he isn't by saying it's not easy for
us black men in our industry. And I want to
go on records saying there's a lot of black men
who own companies that are paying, they're were holding taxes.
(25:39):
There are tons of black men in the industry who
do hire accountants to figure things out when it comes
to the RS. So I don't want to make this
a race thing. I think what Peter did is a
Peter thing. And I say that to say, Peter has
been in the business for a very long time. And
if the accusations are true, that the money was spent
(26:00):
on real estate, shopping and et cetera, then you can't
blame your you being a black man for that, and
I love Peter, and I hope, I hope Peter did
not mean in that way. I'm pretty sure when Peter
watches this, he's going to call me, phone me a
customing out, because that's what Peter does. And Peter, I
love you. If I got it wrong, hit me up, brother,
(26:23):
I love you. But listen, I think it's I will
say this, he pled guilty.
Speaker 2 (26:31):
He did, and I will say in Peter's defense, and
I know, good thing he's not tied to any real
housewife now, because I always get on the hook for
defending the real housewives husbands. What I believe he was
(26:52):
trying to say, and I would agree with it is
harder for black business owners to navigate through the red
tape of the irs. It really is. When you have
a nightlife is a high cash flow, high turnover business.
(27:16):
Add to that multiple locations, a mix of cash and
credit transactions, and the temptation to borrow money from your
business for your own personal use. If you're not if
you have not taken business courses, if you're so busy
making the money and then spending the money and not
(27:37):
paying attention to the expansion and having bullet proof bookkeeping.
Business owners can get caught up. So I'm assuming because
he did plead guilty and he just said within his
own quote he got caught up. I don't think he
understood the extent of it. And I will say the
(27:58):
irs is ten times harsher on businesses for minorities then
they are on businesses that are not under a micro
I mean that are not under a magnifying glass. Because
Peter was who he was, attention was going to be
(28:19):
on him. He's very outspoken, he's very charismatic, and he
talks a lot of shit, excuse my language. And so
when you have those recipes, it could be a recipe
for good, a success or a recipe for disaster. And
I think had it not been for people not getting
(28:41):
paid and him not understanding that his livelihood and how
flashy he was was affecting somebody else's livelihood because they
were the bartender or they were the waitress, I think
because the right because those worlds are so separate. If
I'm making ten dollars an hour as a waitress and
(29:07):
I'm banking on my tips, and I'm getting my tips,
but I'm not getting my payroll, my check, and I
need my check then, and I'm looking at Peter who's
coming in with a new pair of Gucci or Louis
Waitah loafers, and I need my ten dollars. I think
sometimes people who have extreme wealth or who was living
(29:30):
the life get so caught up in the life that
they forget that there are people. These people who are
making a minimum amount of money need their money, so
it's their money, and he's thinking, well, this is my business,
so I can dip my hand over here if I
need to dip my hand over there without literally understanding
(29:53):
how strategic and how ironclad your bookkeeping needs to be,
and not probably wanting to be educated enough that you're
trusting somebody else with your money. When we talk about
the Wesley Snipes and the Lauren Hills, people get taken
advantage of by these accountants all day long. So when
(30:14):
we start to step into a lane that you're not
really well versed in, it becomes a very delicate but
dangerous dance that you're you're doing. When you're like, I
think I can run my business, but I'm in over
my head.
Speaker 1 (30:32):
Yeah, listen, I'm with you. When it comes to the
employees making minimum wage and relying on their paycheck and
and not getting it. I'm with you on that month,
and there's there's there's no excuse for for for that.
If you are spending money buying these things the real
estate as shopping, and your employees who are bartenders who
(30:55):
oftentimes rely on tips, that's that's that's bad. It's like
I say bad, there's I don't. I don't think anybody's
making an excuse for him. And listen, he clearly is
not making any He took the words out of my mouth.
What I would like to get to, Courtney, is the
fact that a lot of people assume that in these situations,
(31:16):
once you serve your time, it's over. Explain to me
how that may not always be the case, because when
things fall under the guidelines of restitution, right, even when
Peter serves his time, whether it's the full eighteen months
(31:37):
or he gets out a little bit earlier due to
good behavior, talk to me and explain to me. And
the rain drops, Courtney, when he gets out, there's still
things he has to do that's court ordered, right, he has.
Speaker 2 (31:54):
To make hold the money. So whatever the amount, and
by the time you get out, whatever the restitution is
if it is one point seven or if it's two
point five, that money has to be paid to the
people who did not receive their payroll taxes, whatever was withheld.
(32:18):
Whatever he owes the irs, the IRS is going to
get their money, So they'll get their money by way
of he'll have an opportunity to either make payments towards
his restitution or if he has it like that, he'll
be able to just pay the restitution. Like I don't
know what Peter's finances is are. We don't know that.
(32:42):
But when he gets out of jail, whatever he has,
if he was buying properties with it, they can take
those properties, or he'll have the opportunity to sell those
properties to make hold the restitution. It's like a bill.
It's an IRS bill that they will distribute, or it's
a court bill. So you you now owe in restitution
(33:03):
to the families, the employees that need their money, and
to the i r s. You can sometimes if you
have a good accountant, they can make deals with the
i RNs to bring that number down. If you're making
if he's doing step one, which is pleading guilty, owning
(33:25):
it and being responsible for it, there is a good chance.
I would say, just based off of everything you said
about Peter and everything that I've seen about Peter, there's
an opportunity for him to make right if he has
the money, settle this down, get this settled down to
a reasonable amount that he actually can can pay. He
(33:48):
might sell off one of the properties. They might They
might give him time to earn this money. So when
you you might he might approach you to say, Hey, Carlo,
let's let's do a do over with respect to a show,
because now I got this two point six million dollar
restitution bill to make. We might want to see Peter
(34:12):
get out of jail, but he ain't getting out of
jail free. There is no get out of jee free
prior there is a you have a get out of
jail debt card that you have to pay.
Speaker 1 (34:26):
So all the money, whatever money he makes for the
rest of his life, the moment he gets relieved, he
must pay back this two point five million dollars and
what and all his money will be garnished. Does it
work that way, absolutely.
Speaker 2 (34:44):
Because it's the I R S. Unless he gets a pardon,
uh like the Chrysalies did. Unless he gets a pardon
and they excuse and eliminate that debt. He can fight
it to get it either tossed out or reduced. But
the reality is when it comes to the irs, especially
(35:07):
if you pled guilty, they want their money. So unless
he's sitting on millions and millions of dollars that we
just don't know about, because he could get out of
jail and say, hey, I'm just gonna pay it on off,
he could have it like that, I don't know. But
if he did, here's the question. If he did, he
(35:28):
would have already done it. So until that debt is paid,
he's going to owe it. Because you have an opportunity
before the crime is committed to make this right. So
this is an expensive lesson for him and understanding. And
that's what happened with Wesley Snips, that's what happened with
(35:53):
Lauren Hill. Everyone learned the expensive lesson of trusting other
people with their with their money and their taxes. And
what he's learned is the IRS doesn't take ile use
because he was playing around with what he thought he
could use as his money because it was his company,
(36:13):
but it was entrusted to him to pay payroll taxes
on behalf of his employees got it another stinoff show.
He he'll be able to wipe this deck clean.
Speaker 1 (36:27):
Carlos King, I mean two point five million dollars paying
that back. That's that has to be like a Love
Island type of show, Baby, that big show in the land.
And you know the husbands don't get paid on housewives.
Speaker 2 (36:43):
Yeah, that's a trade secret that I don't think most
people know.
Speaker 1 (36:49):
Yeah, it's it's it's it's it's it's it's it's the truth.
All right, So listen, he is serving his time. He
turned himself in in August first two weeks ago. Courtney,
what word of advice do you have to business owners
(37:09):
so that they won't end up in this same fate?
Speaker 2 (37:14):
I would say, don't borrow money you can't pay back,
and never borrow from Uncle Sam. He doesn't forget and
he definitely does not forgive.
Speaker 1 (37:25):
Good advice. No, because you know the cause you know
it's a double talk, drove the whole life forgiving depth
and like and forgiving the.
Speaker 2 (37:35):
Okay, okay, I got my little Kendrick mur.
Speaker 1 (37:42):
So, Sizza got it. Okay, work, but.
Speaker 2 (37:46):
No, in all true, like don't borrow money going into business.
I would always also suggest it's okay to start small
and stay small until you have some real understanding. I
think where Peter started to get in trouble with Some
people get a garner of success and then they want
(38:10):
to expand and expand and expand. Like you're a business owner.
You literally grew kingdom rain more so by morsel by morsel,
until it becomes this wonderful cookie. I think when you
sometimes step out of the rain the realm of what
(38:31):
you actually know. It's hard to be the face of
something too, like Peter was the face he was trying
to function it. It's just just stay in your lane
sometimes and understand that. Get you somebody that knows about money.
As you grow, it's all a gamble, but it's worth
(38:53):
it to either go get you, take you some classes
so that you can understand basic bookkeeping. Keep your eye
on it, but let somebody else who is in that lane,
who has successfully been in charge of money for other businesses,
(39:15):
handle it so that you can be unapologetically you.
Speaker 1 (39:20):
And there you have it. So in closing, that's the
real reality where the bar taps close, but the consequences
stay open. All right, Courtney Parker, that was a bar.
Carlos King, Carlos minaj is when I go by, I
(39:41):
am the son of Nikki NICKI said all of you,
all my sons, and I say yes mother. But Courtney Parker,
thank you for another one. I'll see you back next
week for all new episodes of Reality Crime Story where
we will die into another case that we will put
(40:02):
to rest. Reality with the King is executive produced by
me Carlos King, produced by Lizzie Nimitz, and a partnership
with the Lack Effect Network. You can also find us
on my YouTube channel at the Carlos King Underscore
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