Beanie Sigel Faces Prison Time for Not Paying Taxes
Apr 09, 2012 | 7:27 PM Written By: Jessica T
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Just as Beanie Sigel readies his comeback he's faced with the hurdle of paying the government back taxes, which could lead to jail time if he's convicted.
The Philidelphia rapper is expected to be in court on April 12th to be sentenced for failing to report over $1 million of income to the federal government from 2003-2005 after pleading guilty in August. The government says that Sigel owed at least $348,000 on taxable income of $1 million, which Beanie's lawyer is planning to contest.
News of Beanie's tax troubles dropped right after he announced a new record deal through EMI with music vet Chris Schwartz.
Beanie faces up to three years in prison if convicted.
Source: HipHopBlog.com
