OnlyFans Creator Gets Jail for Tax Fraud

When you’re a millionaire, but the IRS doesn’t know you’re a millionaire, there are usually going to be some problems resulting from that. OnlyFans creator Kylie Perez (who performs under the stage name Natalie Monroe) found this out the hard way earlier this year when she was arrested on suspicion of filing a false tax return. 

According to the affidavit, Perez, who has made a whopping $5.4 million through OnlyFans, filed a false tax return in 2019 and has been racking up a tax bill of several million dollars in the years since. It’s estimated she owes the IRS at least $1.5 million. “When someone chooses personal luxury over meeting their tax obligations, the consequences are inevitable,” said Ron Loecker, special agent and head of the IRS’s Criminal Investigation Florida Field Office. “IRS CI Special Agents will continue to uncover the truth and safeguard the integrity of the tax system for all law-abiding taxpayers.” 

This arrest is part of a larger federal government crackdown, targeting people who knowingly abuse federal benefit programs such as food stamps, social security and et cetera. On April 7th of this year, the Department of Justice created the National Fraud Enforcement Division, which targets those who purposefully steal or misuse taxpayer money. 

After Perez serves her one year federal prison sentence, the Sarasota-based OnlyFans model will also be on supervised release for an additional year. 

OnlyFans has been the rocketship ride to the moon for many athletes and actors. Whether they’re financially sinking or swimming, OnlyFans is often the boost to their income that they need. But, as the old saying goes, “more money, more problems”. If OnlyFans creators like Kylie Perez don’t enlist the proper help (like accountants or analysts) to deal with this financial windfall, they could find themselves in the same situation as Perez. 

In this particular case, with Perez pleading guilty, it’s obvious she deliberately intended to deceive the IRS and keep the money for herself. But, in the financial community at large, OnlyFans creators have had to do all the legwork; fighting, scratching and clawing for financial benefits that are already available to people in other professions. Most banks outright refuse to carry money made doing adult work. One OnlyFans creator, Mia Lee, has used her knowledge as a CPA (Certified Public Accountant) to open up her own financial business. She calls it Floorplay Financial, a financial advisory company committed to helping adult content creators navigate a system that routinely excludes them for no good reason. Lee says of her company, “Financial literacy is empowerment… Especially for independent contractors.” 

Even though most OnlyFans creators have been unfairly shut out of most financial resources afforded to others, it’s no excuse. Some of OnlyFans’ most popular creators, like Sophie Rain, have paid their fair share. Rain’s estimated net worth of $100 million means she’s already paid an estimated $30 million a year. Rain also makes good use of what she doesn’t spend on herself. Just recently, the 21 year-old helped Florida educators kick off the new school year by paying for everything on their classroom wishlists. 

While eye-popping earnings like Perez’s definitely means OnlyFans is the place to be for going from rags to riches, it’s important that current or prospective adult creators plan ahead so they won’t get caught flatfooted amid this countrywide crackdown.