Beanie Sigel Charged with Tax Evasion
Beans is in trouble with the IRS, as news broke that the rapper filed no tax returns from 2002 to 2004.
The Broad Street Bully Beanie Sigel is back in legal hot water as he is now being charged with federal tax evasion. News broke today that the former Roc-a-Fella rapper did not file his tax returns during the span of 2002 to 2004 despite making close $1.5 million during that time.
“Federal prosecutors in Philadelphia say the entertainer born Dwight Grant made $1.5 million from 2002 to 2004, but filed no tax returns,” reported the Associated Press earlier today. (Metromix.com)
According to reports from Sigel’s lawyer, however, the rapper may not be entirely at fault in this situation. Defense attorney Fortunato Perri Jr. stated that the rapper had been incarcerated during some of those years following his 2004 arrest for gun charges and had other individuals handling his finances. Perri Jr. hopes this is enough to keep his client from having to serve time in prison.
Excerpt from HipHopDx.com