The IRS Was Closing In On Them
The owners of the club were arrested for alcohol selling without a license. It was shut down until further notice. The good thing was that they had Roy Cohn as their lawyer. He managed to get them out of prison and even obtained them a liquor license! This man worked for the likes of Sen. McCarthy and Pres. Donald Trump, so we are not surprised that he managed to do such a thing! While they got out of this one, you could not say the same thing when they had to deal with the IRS.
The IRS Was Closing In On Them
Cher And Howard Himelstein Bust A Move
Two dozen agents employed by the IRS seized and retrieved information about the club’s finances. They were tipped off that the owners skimmed money and hid a lot of drugs. In the end, they verified these claims. They saw drugs in a vault in the club and unreported cash. They also had $2.5 million that went unreported. They were sentenced for fraud, and Studio 54 closed for good in 1980.
Cher And Howard Himelstein Bust A Move