Fat Joe Pleads Guilty to Tax Evasion

The rapper faces two year prison bid for crime.

Posted: 12/20/2012 01:38 PM EST
Filed Under Fat Joe, taxes

(Photo: AP Photo/Jason DeCrow,file)

Fat Joe has made it rain throughout his renowned career, but the Bronx MC forgot to pay Uncle Sam along the way. Now Joey Crack is looking at a two-year prison bid for failing to pay the IRS $700,000 in back taxes.

According to TMZ, the 42-year-old hip hop star entered a guilty plea to tax evasion charges in a New Jersey federal court today for his failure to pay income taxes in 2007 and 2008.

The "Make It Rain" rapper was freed on $250,000 bond after the hearing and is scheduled to return to court in April for sentencing.

Joe joins Lauryn Hill and Beanie Sigel as prominent hip hop figures who were convicted of tax evasion this year.

 

BET.com is your #1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.

 

Click here to subscribe to our newsletter. 

 

Comments

facebook twitter
rss

Sports Rewind: Tiger Reaches 300

Plus Spike Lee's sneaky prank, NBA playoff news. 05/09/2013

The Truth About Molly

The drug's reputation in the streets is concerning. 05/09/2013

HBCU Review: Howard University Exec Sued for Using "N" Word

Plus, Sharpton rallies FAMU and more. 05/08/2013

Instagram Photos of the Week: Bow Wow and Angela Simmons...Smooches!

Plus pics from Drake, Frank Ocean and more. 05/10/2013

Out and About: Chris Brown Performs at the WILDJAM

Plus pics of Willow Smith, Rihanna, Toni Braxton and more. 05/10/2013

Celebrity Sex Scandals

Stars who have been caught with their pants down. 05/09/2013