You probably read it correctly. Bikram isn't exactly known  for his honesty and good character. He's still on the run from U.S. authorities. 
http://www.news.com.au/world/north-america/bikram-yoga-founder-bikram-choundhury-on-the-run-from-us-after-order-to-pay-87-million/news-story/8138f87103323bb4d473973683286577