DMX Facing Over 40 Years In Prison Over Massive Tax Debt


July 14th, 2017 by
DMX Facing Over 40 Years In Prison Over Massive Tax Debt

DMX Charged With 14 Counts Of Tax Evasion !!!

DMX was arrested on Thursday and accused by federal prosecutors of engaging in a multiyear scheme to conceal millions of dollars of income from the federal government to avoid paying $1.7 million in taxes.

The 46-year-old performer, whose real name is Earl Simmons, was due to be arraigned in federal court in Manhattan on Friday, federal prosecutors said.

“While earning millions from hits like ‘X Gon’ Give it to Ya,’ DMX didn’t give any of it to the IRS,” Joon Kim, the acting U.S. attorney for the Southern District of New York, said in a Twitter post.

According to an indictment unsealed on Thursday in federal court in Manhattan, Simmons was charged with tax evasion, evasion of assessment of income tax liability, corruptly endeavoring to obstruct administration of IRS laws and the failure to file a U.S. individual income tax return.

Prosecutors said Simmons took great pains to evade his tax obligations, such as maintaining a cash-only lifestyle and not having a personal bank account.

He also deposited royalty checks into the bank accounts of his managers, who then gave him cash or used the money to pay his personal expenses, prosecutors said.

If convicted, Simmons faces a maximum of 44 years in prison on each of the charges, according to the U.S. Attorney’s Office.

Read more here.

Catiana

About Catiana Saillant

As a child, I've always loved music. From different genres such as Hip-Hop, R&B and Pop. Music allows you to be creative and express yourself the way that you please to. I've sought music to be a place where you can be YOU. You can dance, cry, laugh and do all kinds of crazy things to music. That is what makes me so passionate about what I do! My ultimate goal is to build a mainstream media platform that represents and supports culture such as paintings, music, film and provide empowering media coverage to my viewers.

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