Sharpton’s Lawyers Say He Won’t Face Charges In A Federal Probe Of His Finances

NEW YORK (AP) — Federal prosecutors have disbanded their criminal investigation into the financial dealings of the Reverend Al Sharpton and his Harlem civil rights group.

That’s according to Sharpton’s lawyers, who say prosecutors concluded that his substantial tax problems were better handled as a civil matter by the Internal Revenue Service rather than in criminal court.

The IRS and New York tax agencies claim Sharpton owes well over $1 Million in back taxes and penalties. His organization, the National Action Network, also faces a hefty tax bill.

Sharpton says both he and the civil rights group will pay off their debts, clean up their books and complete a reorganization intended to ensure the group’s long-term fiscal stability. He tells The Associated Press, “We learn from every experience to be more cautious, more accountable.”