Longtime mixed martial arts (MMA) manager and promoter Monte Cox, who at one point was attached to Ultimate Fighting Championship (UFC) stars Tim Sylvia and Matt Hughes, among others, is facing three years in federal prison -- as well as a $100,000 fine -- after pleading guilty to one count of filing a false tax return.
Cox received a "significant" number of checks from MMA fighters, sponsors and fight venues, such as casinos and event centers, that were deposited in one of three bank accounts he maintained. The combined dollar amounts of the checks Cox received "significantly exceeded" the income he reported on his tax filings for those years.