People always talking bout they out here out here trynna get this papper. What they don’t realize is the IRS is out here out here as well trynna get your paper!!! When they don’t pay they go to jail…haven’t we learned this lesson from sooooo many artist be for us? Now Beans looking at 3yrs in jail. check out the story.
Rapper Beanie Sigel has been charged with tax evasion and didn’t file any taxes from 2002 to 2004, according to published reports.
The charges state that the Philadelphia rapper made about $1.5 million in those two years, but didn’t pay taxes.
The rapper was hit with the federal charges Wednesday.
“Federal prosecutors in Philadelphia say the entertainer born Dwight Grant made $1.5 million from 2002 to 2004, but filed no tax returns ” said the Associated Press.
Sigel may not have intentionally failed to pay taxes, his lawyer Fortunato N. Perri., Jr. told the Philadelphia Daily News.
“I don’t think he’s being targeted, he just needs to get his personal business and tax affairs cleaned up,” Perri said. “While he was in prison, other individuals were handling his finances.”
“Some of the business relationships he had with some of the players involved makes it more difficult,” Perri said. “We’re trying to resolve the issues as quick as we can.”
Sigel, 36, may serve to three years in prison and a fine of $300,000 if convicted.