DMX Arrested Over $1.7 Million Tax Fraud, Faces Up to 44 Years in Prison

This past Thursday, DMX was arrested and charged with tax fraud, after being accused of withholding $1.7 million from the IRS.

DMX is facing 14 counts of tax evasion, failure to file a tax return and corruptly trying to obstruct and impede the administration of IRS laws. He could face up to 44 years in prison if found guilty of the charges – “one count of corruptly endeavoring to obstruct and impede the due administration of Internal Revenue Laws, one count of evasion of payment of income taxes, six counts of evasion of assessment of income tax liability and six counts of failure to file a U.S. individual income tax return.”

Acting U.S. Attorney Joon H. Kim said:

“For years, Earl Simmons, the recording artist and performer known as DMX, made millions from his chart-topping songs, concert performances and television shows. But while raking in millions from his songs, including his 2003 hit ‘X Gon’ Give it to Ya,’ DMX didn’t give any of it to the IRS. Far from it, DMX allegedly went out of his way to evade taxes, including by avoiding personal bank accounts, setting up accounts in other’s names and paying personal expenses largely in cash.”

DMX faces a Manhattan federal court date today.

[Source]

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