January 22, 2016
Dennis Alexio was one of the most popular fighters in Hawaii. Now the former kickboxing champion faces prison time for stealing money from the federal government.
On Friday, a jury found Alexio guilty on 28 counts, including tax fraud, theft, and money laundering.
After finding him guilty, the jury also ordered Alexio to forfeit more than $226,000 in cashier’s checks, and a Nissan Armada. The man known for beating his opponents while wearing a grass skirt in the ring now faces years in prison, a maximum penalty of five years for the most serious count.
Alexio is scheduled to return to federal court for another trial, in which he’s accused of stealing more than $200,000 in gold coins and bars.