Dec 24, 2012

Make It Rain On The IRS: Rapper Fat Joe Admits Tax Evasion

Hip-hop rap master "Fat Joe" pleaded guilty today to criminal charges of failing to file federal income tax returns. The 42-year-old performer -- whose real name is Joseph Antonio Cartagena -- appeared before Magistrate Judge Cathy Waldor in Newark federal court and admitted that he failed to file tax returns for the years 2007 and 2008.

New Jersey federal prosecutors say the rapper had received money from concerts and music sales royalties that amounted to gross income in excess of $1.3 million during 2007 and more than $1.4 million in gross income during 2008.

Fat Joe used to make it rain in the club, but now he has to scrape up over $700,000 and make it rain on Uncle Sam. I wonder if the beautiful females in his music videos will help him out with repaying the IRS.

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