Tuesday, 25 June 2013

Fat Joe 'Goin' Down' For Tax Evasion With Four Months In Jail

Fat Joe Needed 'Instagram' Warning: 'Joe, Don't Do It'Rapper's tax troubles caught up to him and he got sentenced to four months in prison on Monday (June 24) after he pleaded guilty to failure to file federal income taxes.
The rapper assured MTV News back in May that he was making good on his debt by paying back all that he owed, but he couldn't escape the prison time the Associated Press is reporting. Originally the government alleged that Joe failed to pay taxes on $3 million in income from 2007 to 2010, and in December, he admitted in court to failing to pay taxes on more than $1 million between 2007 and 2008.
 Joe sat down with "RapFix Live" show host Sway Calloway in May, and while he said he takes full responsibility for his debt, he did allude that there were other parties who contributed to his troubles. "You gotta understand we hire guys who are supposed have Harvard degrees to take care of us," he began to explain then. "All the time you see artists, the first thing they did to you when you caught money was introduce you to a bunch of fancy guys with bow ties who are gonna take care of your money and all that and then you always see an artist or a celebrity or somebody like that goin' down for it and these guys never go down for it."
The Terror Squad leader promised that he will give the real story, once all of his troubles are behind him. I'll explain the story after that so you'll get a real understanding of what happened to me," he said. "It's no excuses."

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