Pages

Sunday, July 15, 2012

Beanie Sigel Slapped With Two-Year Sentence for Tax Evasion

Beanie Sigel

Beanie Sigel has been sentenced to two years in prison for tax evasion, according to the Philadelphia Inquirer. The rapper, real name Dwight Grant, failed to file tax returns from 1999 to 2005, save for one $10,000 tax payment in 2001. While earning $2.2 million in taxable income over those six years, Sigel owed the IRS $728,536. Sigel pleaded guilty to the charges in August, which stemmed only from 2003 to 2005 due to the statute of limitations.

On top of two years behind bars, Sigel will have a year of supervised release during which he must reimburse all back taxes, interest and penalties. In 2005, Sigel was acquitted of state charges on attempted murder. He is set to release a new album next month.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | cheap international calls