Earl Simmons, or as you probably know him, DMX, is facing up to five years in prison for tax evasion. He appeared in a New York federal court concerning tax charges that were called a multi-year scheme to conceal millions of dollars.” DMX pleaded guilty to the charges.
The United States Attorney for the Southern District of New York, Joon H. Kim, called the rapper out for acting like he was above the law, but gave him props for taking responsibility now. “Today, Earl Simmons admitted to systematically cheating on his taxes. By insisting to be paid in cash whenever possible and having royalty payments diverted to the accounts of financial surrogates, Simmons concealed hundreds of thousands of dollars of income from the IRS,” he said.
“Simmons made a choice between ‘Right or Wrong,’ and did the right thing, admitting his guilt, and agreeing to pay his tax liabilities. No matter who you are or whatever fame you may have achieved, the law applies equally to all, and no one is exempt from the shared obligation to pay our taxes,” he continued.
An IRS Criminal Investigation reported that DMX failed to file his personal tax returns for years on end. He also failed to pay taxes on his $7 million in record sales he earned from 2002 to 2005.
He has agreed to pay restitution to the IRS.