Arrested: DMX Allegedly Dodges $1.7 Million In Federal Taxes

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In court again! Earl Simmons b.k.a. DMX  is said to owe 1.7 million in back taxes, DMX  turned himself in on federal charges of tax fraud. He appeared in Manhattan Federal court. He later $500k bond after he was charged with multiple counts of tax evasion.

 

 

It is alleged that the rapper engaged in a multi-year scheme to conceal millions of dollars of income from the IRS. DMX pleaded not guilty to 14 counts of tax evasion, according to the website. Prosecutors said that DMX made millions from his songs going all the way back to 2003 and avoided paying taxes by setting up accounts in other’s names and paying personal expenses largely in cash. It is also alleged that DMX was paid over $125,000 when he was on the reality show Couples Therapy back in 2011 and 2012.

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As per the  U.S. District Attorney’s Office, DMX has been given travel restrictions that will require him to remain close to his New York home.

Another condition is DMX will be subject to strict drug testing and is not allowed to have any firearms on him while on bail.

Keep Ya Head Up X!

 

 

 

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