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» BREAKING NEWS, Featured » RAPPER DMX, PLEADS GUILTY TO TAX FRAUD, FACES FIVE YEARS IN PRISON!

RAPPER DMX, PLEADS GUILTY TO TAX FRAUD, FACES FIVE YEARS IN PRISON!

DMX has pleaded guilty in New York to tax fraud, admitting he hid millions of dollars in revenues to avoid paying $1.7 million in taxes owed.

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The rapper, born Earl Simmons, faces up to five years in prison when he is sentenced in Manhattan federal court on March 29. Judge Jed Rakoff is likely to postpone the sentencing date as DMX continues rehab for drug and alcohol issues.

In a release, acting U.S. Attorney Joon Kim said DMX evaded the Internal Revenue Service by insisting to be paid in cash whenever possible and by having royalty payments diverted to the accounts of financial surrogates.

Rapper DMX

Rapper DMX

The 46-year-old was arrested on the charges last summer. The IRS had been pursuing him since at least 2005, authorities revealed.

 

 

 

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