DMX Was Charged With Tax Evasion And Now Owes 1.7 Million

DMX turned himself in to federal authorities yesterday on charges of tax fraud and will be officially indicted this morning before a judge.  According to the IRS, he failed to pay $1.7 million in taxes from 2002 to 2005.According to the indictment, DMX had cash pouring in during the early 2000s from a slew of hits. The feds even name checked “X Gon’ Give It to Ya” in the documents. Prosecutors said the actor/rapper primarily used cash for years and avoided using his personal bank account, even going as far as to deposit his royalties into his manager’s account.  DMX also allegedly lied in bankruptcy court documents about his income from 2011 to 2013.  The rapper, who was charged with 14 counts, is due in court today. He was slapped with 14 counts of tax evasion, and he’s already surrendered to law enforcement. If DMX is found guilty on all 14 counts, he will be looking at 44 years in federal lockup.

 

Photo credit: WENN

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