Mr. Avetian admitted that he aided and abetted the distribution of controlled substances and filed false income tax returns, according to an Aug. 3 judgment, according to the publication, which stated that many of the filings in the case have been sealed.
He was charged with failing to report roughly $363,830 of gross receipts from 2012 through 2014 on his federal income tax returns.
A district judge also sentenced Mr. Avetian, 56, to three years of supervised release and ordered him to forfeit $100,000. He has been ordered to begin serving his sentence Sept. 28, according to the report.
Mr. Avetian has appealed the judgment to the 3rd Circuit Court of Appeals.
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