DMX Pleads Guilty to Tax Evasion
X gonna give 'em.
Manhattan, NY – Just when things were looking up for DMX, multi-platinum rapper I have dealt some bad news. After recently landing her own reality series and delighting fans with the release of his "Rudolph The Red-Nosed Reindeer" cover, X was in the court Thursday (November 30) to plead guilty to tax evasion charges. You could be sentenced to a maximum of five years in prison, according to ABC News.
X, whose real name is Earl Simmons, was accused of 14 charges in the month of July. He amassed a tax bill of $1.7 billion, after years of not filing personal tax returns.
"Today, Earl Simmons, admitted to systematically cheating on their taxes," Joon H. Kim, the acting united States attorney for the Southern District of New York, said. "For insisting on being paid in cash, whenever possible and to have the royalty payments diverted to the financial accounts of the substitutes, Simmons hide hundreds of thousands of dollars of income from the IRS.
"Simmons made a choice between 'good or bad', and did the right thing, admitting guilt, and accept payment of their tax obligations", he added. "No matter who you are or what is the fame he has achieved, the law applies equally to everyone, and no one is exempt from the obligation to pay our taxes."
X the lawyer, Murray Richman, said his client is taking responsibility for relying on other people to handle the Ruff Ryders member of taxes.
"He is of the opinion that he is guilty because he did not properly supervise his own life," Richman said. "He gave the responsibility to pay their taxes to others, but he knows that is his responsibility. He is owning up to that at this particular point."
In addition to a potential prison sentence, X must pay compensation to the IRS as part of his plea agreement.