DMX charged for not paying $1.7 million in taxes

18 Juillet, 2017, 03:25 | Author: Lucrece Courtet
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Rapper DMX was charged this week with tax fraud after the Department of Justice said he avoided paying $1.7 million in taxes over several years. After spending Thursday night in jail, he posted a $500,000 bond and was released. If found guilty, he could face up to 44 years in federal prison.

Prosecutors claim that the rapper, whose real name is Earl Simmons, avoided $1.7 million in taxes during the peak of his career from 2002 to 2005.

An indictment alleges he stopped paying taxes in the early 2000s at the peak of his career, when he was making millions of dollars off chart-topping songs including "X Gon' Give it to Ya", appearances in movies such as "Romeo Must Die" and performances at sold-out arenas.

He is looking at over a dozen counts, including corruptly endeavoring to obstruct and impede the due administration of the IRS, one count of evasion of payment of income taxes, six counts of evasion of assessment of income tax liability and six counts of failure to file a U.S. individual income tax return.

"Celebrity rapper or not, all Americans must pay their taxes", Kim said in the statement.

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A magistrate judge on Friday restricted DMX's travel to within the New York City area, except when cleared to perform elsewhere.

Rapper DMX dropped a new song Monday at court - about his famous defense lawyer, Murray Richman.

Following the hearing, Mr. Simmons told reporters that his religious faith was helping him cope with his legal troubles.

"People who like his music are going to understand this situation, people who don't like his music aren't going to", he said, "but neither will matter in court". "My life is in God's hands".

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