Friday, 14 July 2017

American Rapper DMX charged for tax fraud


DMX
Report has it that DMX (American Rapper), has turned himself in to authorities on federal charges of tax fraud Thursday, according to New York prosecutors.

According to the Punch, the recording artist, whose given name is Earl Simmons, allegedly engaged in a multi-year scheme to hide millions of dollars in income from authorities and owes $1.7 million in taxes.

Acting Manhattan US Attorney Joon Kim said the performer took in millions from his performances, television shows and songs — including the 2003 hit “X Gon’ Give it to Ya” — but evaded paying taxes on his earnings by “avoiding personal bank accounts, setting up accounts in other’s names and paying personal expenses largely in cash.”

“Celebrity rapper or not, all Americans must pay their taxes,” Kim said in a statement. “We will pursue those who deliberately and criminally evade this basic obligation of citizenship.”

Following his arrest the 46-year-old — known for his deep, rough voice and often dark or violent lyrics — is due to appear Friday in Manhattan federal court.

A native of Yonkers, New York, he was charged with 14 counts and could face more than 40 years in prison.

DMX, who gained fame in the early nineties, has a colorful criminal history. He has been arrested over offenses including drug possession, reckless driving, animal cruelty and failing to pay child support.
Credits to Punch

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