Rapper Fat Joe, whose real name is Joseph Cartagena, pleaded guilty to two counts of failing to file tax returns with the IRS, admitting that he didn’t file the returns despite having earned $3.7 million in income.
Cartagena, 42, of Miami Beach, Fla., failed to file a tax return for the years 2007 to 2010. During that time, he received income for his musical performances as well as royalties on the sales of his music.
The musician admitted that he received gross income in excess of $1.3 million in 2007, in excess of $1.4 million in 2008, in excess of $320,000 in 2009, and in excess of $680,000 in 2010. The total tax loss to the government was $718,038.
Cartagena faces up to two years in prison and a fine of up to $200,000. He has agreed to file tax returns and pay all taxes and penalties owed.
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