DMX Facing Decades in Prison on Tax Evasion Charges


 

x-mannion-768x768DMX turned himself in to federal authorities in New York on Thursday (July 13) to face 14 counts of tax evasion charges relating to his failure to file and pay federal income taxes over several years. The Justice Department released a detailed press release covering the case that explains how X is accused of a ” multi-year scheme to conceal millions of dollars of income from the IRS and to avoid paying $1.7 million of tax liabilities.” According to the Feds, the rapper went to great lengths to conceal millions of dollars in income from music royalties and other sources by setting up accounts in the names of associates, paying for expenses in cash and failing to report that income.

From the release:

During the period from 2010 through 2015, SIMMONS earned over $2.3 million, but SIMMONS did not file personal income tax returns during that time period. Instead, he orchestrated a scheme to evade payment of his outstanding tax liabilities, largely by maintaining a cash lifestyle, avoiding the use of a personal bank account, and using the bank accounts of nominees, including his business managers, to pay personal expenses. For example, SIMMONS received hundreds of thousands of dollars of royalty income from his music recordings. SIMMONS caused that income to be deposited into the bank accounts of his managers, who then disbursed it to him in cash or used it to pay his personal expenses. SIMMONS also participated in the “Celebrity Couples Therapy” television show in 2011 and 2012 and was paid $125,000 for his participation. When taxes were withheld from the check for the first installment of that fee by the producer, SIMMONS refused to tape the remainder of the television show until the check was reissued without withholding taxes.

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