Celebrity Gossip & Gist
DMX Arrested For $1.7m Tax Evasion Charge , Faces More Than 40 Years In Prison
Popular Rapper DMX has just being slapped with 14 counts of tax evasion .
He yesterday turned himself in to law enforcement for failing to pay $ 1 .7 million in taxes from 2002 to 2005 .
According to the New York Daily News :
“ For years, Earl Simmons , the recording artist and performer known as DMX , made millions from his chart- topping songs , concert performances and television shows .
But while raking in millions from his songs , including his 2003 hit ‘ X Gon ’ Give it to Ya, ’ DMX didn ’ t give any of it to the IRS .
Far from it, DMX allegedly went out of his way to evade taxes, including by avoiding personal bank accounts, setting up accounts in other ’ s names and paying personal expenses largely in cash , ” Acting U . S. Attorney Joon Kim said in a statement .
“ He even allegedly refused to tape the television show ‘ Celebrity Couples Therapy’ until a properly issued check he was issued was reissued without withholding any taxes .
Celebrity rapper or not , all Americans must pay their taxes, and together with our partners at the IRS , we will pursue those who deliberately and criminally evade this basic obligation of citizenship .”
Prosecutors said the rapper, 46 , primarily used cash for years and avoided using his personal bank account , even going as far as to deposit his royalties into his manager ’ s account .
DMX also allegedly lied in bankruptcy court documents about his income from 2011 to 2013 .
The rapper , who was charged with 14 counts, is due in court Friday .
Follow us on social media:-
Celebrity Gossip & Gist2 days ago
“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
-
Economy2 days ago
Goods worth millions of naira destroyed as fire guts spare parts market in Ibadan
-
Celebrity Gossip & Gist17 hours ago
Moment stage collapses on Odumodublvck during concert performance (Video)
-
Economy16 hours ago
President Tinubu cancels Lagos engagements in honor of food stampede victims