Rapper Fat Joe Sentenced To Prison For Tax Fraud

Date: 25-06-2013 7:34 am (11 years ago) | Author: Adeniyi Opemipo
- at 25-06-2013 07:34 AM (11 years ago)
(m)



In Nigeria, government agents only know how to harass poor market women who selling pepper and other small-priced items to pay taxes like Operational Permit, Sanitation Levy, Hawkers Permit, etc. But you wont see them collect taxes from super-rich musicians and actors, .Com observed.

Anyway, here is what happens in a country where the government is serious and work for the good of the poor and vulnerable in the society: Popular hip hop artist, Fat Joe was sentenced on Monday to four months in federal prison and fined $15,000 for failure to file tax returns...

Fat Joe, real names Joseph Cartagena, was said to have made about $3.3 million in the period under review and the 42-year-old rapper faced the possibility of up to two years in prison after pleading guilty in 2 counts of failing to file with the Internal Revenue Service.

However, the guys has been using part of his money to do some community service to the benefit of ordinary people. Because of this, the court received about 60 letters on his behalf, including one from Bronx Borough President, Ruben Diaz, who cited Fat Joe's efforts to donate computers to local schools.
Fat Joe also apologized to his family and friends, saying he let them down. He saidhis 6-year-old daughter was being taunted in school by her classmates who told her that her father is going to jail.
"There was a lot going on in the years that I didn't file my taxes, but it was my responsibility," he admitted.
His income came from three companies, including Somerville, N.J.-based Terror Squad Production Inc and Miramar Music Touring, which he owned.
Can this ever happen in Nigeria? Do Naija artiste even pay tax at all?


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Posted: at 25-06-2013 07:34 AM (11 years ago) | Upcoming
- Horpsy at 25-06-2013 08:25 AM (11 years ago)
(f)
....Very touching
Posted: at 25-06-2013 08:25 AM (11 years ago) | Upcoming
Reply
- winace at 25-06-2013 10:24 AM (11 years ago)
(f)
Gud question poster. Not only nigeria artist. Do govt officials pay tax??? Well some do cus they remove it from their salary but wat abt those so called rich???
Posted: at 25-06-2013 10:24 AM (11 years ago) | Addicted Hero
Reply
- Toks-E at 25-06-2013 10:43 PM (11 years ago)
(m)
The Elephant on the sand is finally going to jail...let's all lean back

Posted: at 25-06-2013 10:43 PM (11 years ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

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