Posts Tagged ‘celebrity tax troubles’

Tax Evasion by Rapper Fat Joe Lands Him Prison Time

Friday, July 5th, 2013

Rapper Fat Joe was sentenced to four months in prison for failing to file tax returns on more than $3.3 million in income.
Fat Joe, whose real name is Joseph Cartagena, pleaded guilty to two counts of failing to file an income tax return.
“There was a lot going on in the years that I didn’t file my taxes, but it was my responsibility,” he said.
Fat Joe is best known for the
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Tax Trouble Leads Joe Francis to File Lawsuit

Wednesday, November 7th, 2012

Joe Francis, an American entrepreneur and film producer best known for producing the Girls Gone Wild series, has filed a lawsuit against his accounting firm, alleging that the company involved him in bogus tax shelters.
After the Internal Revenue Service discovered Francis’ use of these tax shelters, it cost him more than $12 million, according to celebrity news website TMZ.
Francis’ lawsuit against BDO Seldman alleges that the company admitted to criminal
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