Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts
Saturday, July 14, 2012
Locked Up!: Young Buck Sentenced to 3-Years
Yoo hooooo! Who remembers former Cash Money/UTP/G-Unit signee, Young Buck? Famous for beefing with artists and then working with them later on? (ie. the HIGHLY publicized G-Unit beef with former groupmate Game in which both camps took shots at one another and then Buck later appeared in a Game video). Well today, I'm not here to tell you Buck's taking shots at anyone but he will however be dropping a new address soon -- most likely cell block C.
Yesterday, Buck was sentenced to serve three years in prison on weapons charges. Back in August of 2010, the IRS did a raid on Buck's home in which they found a .40 caliber Glock 22 and ammunition. Although the raid was carried out on the grounds that followed reports that the rapper had an outstanding $300,000 tax debt, Buck is convicted felon and he is prohibited from having ANY kind of firearms.
Tsk, tsk, tsk, when will you folks with records learn?
Labels:
Cash Money,
G-Unit,
Game,
IRS,
prison,
taxes,
UTP,
Young Buck
Thursday, July 12, 2012
Locked Up: Rapper Beanie Sigel to do a bid
Who doesn't remember former Roc-a-Fella rapper and 'actor', Beanie Sigel? Back in the day, Bean man was part of the Dame Dash Music Group/Roc-a-Fella powerhouse with other artists such as Memphis Bleek, Freeway and Jay-Z. However, I am not blogging today to brief you on his resume although he does have a new road he's embarking on... And it's called jail.
Today, a federal judge sentenced Bean man to two years behind bars for failing to file tax returns for the years 2003 through 2005. What is up with celebrities not paying they damn taxes?! Also, IRS investigators found that Sigel did not file tax returns from 1999 through 2002, except for a $10,000 tax payment in 2001. Federal prosecutors said that Sigel earned more than $2.2 million in taxable income between 1999 and 2005 and owed Uncle Sam $728,536 for those six years. (However he was not charged with tax offenses for the years 1999 through 2002 because the statute of limitations had expired.)
As Lady Luck would have it, Beanie is scheduled to drop another album next month but now that may be on hold. I suggest he create a documentary a la Lil' Kim that way he can build himself a cushion so that ass won't end back up in the slammer. Just my opinion though; what do I know, I'm just a writer =)
Labels:
beanie sigel,
dame dash,
IRS,
jail,
jay-z,
roc-a-fella,
taxes
Subscribe to:
Posts (Atom)