News: BREAKING: Fat Joe Headed To Prison For Tax Evasion, Apologizes To Family
Monday, Jun 24, 2013 4:00PM
Terror Squad leader Fat Joe has reportedly been sentenced to four months behind bars after appearing in court Monday (June 24) for a tax evasion-related case.
According to reports, Joey Crack appeared in Newark, New Jersey to receive his prison sentence.
Rapper "Fat Joe" has been sentenced to four months in prison after admitting he failed to file federal income taxes.The platinum-selling artist, whose real name is Joseph Cartagena (car-ta-GEE'-nah), apologized to his family and supporters before being sentenced Monday in federal court in Newark. He pleaded guilty in December 2012 to failing to pay taxes on more than $1 million of income in 2007 and in 2008. U.S. Magistrate Cathy Waldor said she took into consideration the government's allegation that Cartagena failed to taxes on some $3 million in income for years 2007 through 2010, an estimated tax loss to the government of $718,038. The Miami Beach resident was prosecuted in New Jersey because some of the companies he earns money from are incorporated in Somerville. (San Francisco Gate)
Around mid-May, Crack revealed his fate could be sealed at a court date this month.
"I can't really explain that 'cause I got a real court case going on, like facing jail time. But I guess after June 24. Hopefully, it goes well," Joe said on Wednesday (May 22) on "RapFix Live." You gotta understand we hire guys who are supposed have Harvard degrees to take care of us," he began to explain. "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." (MTV)
Back in December, Joe's attorney Jeffrey Lichtman said he wanted to fully repay his debts.
The rapper -- who is is currently free on $250,000 bail -- will face up to two years in prison and a fine totaling $200,000 when he is sentenced on April 3, officials said. "Fat Joe," who was recently in the news because of a well-publicized beef with "50 Cent," maintains residences in both New Jersey and Miami Beach. "'Fat Joe' has taken responsibility for his tax failures. He hopes to repay his tax indebtedness," said the rapper's defense attorney, Jeffrey Lichtman. (NY Post)
Details of the hip-hop heavyweight's money woes surfaced online around mid-December.
Rap star "Fat Joe" has pleaded guilty to federal tax evasion. The performer, whose real name is Joseph Cartagena (car-ta-GEE'-nah) entered the plea Thursday to a charge of failing to pay taxes on more than $1 million of income in each of 2007 and 2008. The 42-year-old Miami Beach, Fla., resident appeared in federal court in New Jersey because some of the companies he earns money from are incorporated there. (SF Gate)