Fat Joe Admits He’s Facing Jail Time For Tax Evasion

    Though some artists brush off their legal issues, Fat Joe is acutely aware of just how serious his are.

    After pleading guilty to tax evasion in December, the Bronx rapper didn’t dance around the issue when discussing it with MTV’s “RapFix Live.”

    “I can’t really explain that ’cause I got a real court case going on, like facing jail time. But I guess after June 24. Hopefully, it goes well,” said Joe.

    Ultimately, Joe took responsibility for having to pay the money, but didn’t accept the blame for not paying the taxes on time. “At the end of the day, I’m paying all the money back that’s owed — actually I have and I’ma just go like a man, stand up,” he said, before qualifying, “You gotta understand we hire guys who are supposed have Harvard degrees to take care of us.”

    Joe explained that artists typically hire others to manage their finances, which is how artists can end up in trouble. “All the time you see artists, the first thing they did to you when you caught money was introduce you to a bunch of fancy guys with bow ties who are gonna take care of your money and all that and then you always see an artist or a celebrity or somebody like that goin’ down for it and these guys never go down for it.”

    Joey Crack faces up to two years in prison for failing to pay income taxes for the years 2007 and 2008, amounting to roughly $700,000.

    RELATED: Fat Joe Pleads Guilty To Tax Evasion, Released On $250,000 Bond

    79 thoughts on “Fat Joe Admits He’s Facing Jail Time For Tax Evasion

    1. Be interesting to see if joe goes to real prison population or protective custody cause he aint like wayne or ja rule he actually is a real street guy that dont need to hide behind others. He gets a lot of hate on the internet but he was a proper bronx thug back in the day

      1. Fat Joe a street guy? Maybe in the 80’s..LOL… c’mon son..he’s been living in the burbs!

        follow at noles506

    2. thats why you need an accountant for your accountant. I dont believe that all these entertainers that have gotten in trouble for tax shit, did it on purpose. They give all their trust to their accountant and then a few years down the line find out theyre over 500k in debt

    3. Inb4 this douchebag starts comparing himself to Al Capone….. Pay your taxes asshole the rest of us have to, all those videos you did flossin and shit now you going to jail for owing money FOH they should add a charge of aggravated stupidity to the docket

    4. He’s talking out of his a**… it comes down to something simple, living beyond your means.. spending money your not actually making… these idiots think they r gonna earn forever.They all know whats up..they know they have tax bills… aw I forgot to pay em.. lol…morons.

      follow at noles506

      1. 50 Cent and Fat Joe made amends fucktard. Learn to catch up shit for brains smh. Go kill yourself.

    5. Haha “They’re supposed to have Harvard degrees” ? Or they DO have Harvard degrees? BIG DIFFERENCE

      1. you missed his point. he was saying they supposed to be smart but if they not doing their job then wtf they there for

    6. fat boy should follow Lil Wayne’s tactic and he would be a millionaire. rappers nowadays are dumb as fuck. dats why dey are not business man. deze fools lose deir rap many fast. check Lil Wayne and Birdman. dey are millionaire. 700 million+… cuz dey are smart busniess men. lol at broke ass niggaz like Nas, Fat Joe, SLAUGHTERHOUSE. swag

    7. Karma is a bitch. He shouldnt have done Pun and his family so dirty. Dirty skanless fat nigga

      1. ^ Pun’s wife is that you. I thought u got the proceeds from Pun’s 2nd and that best of compo album u ungrateful bitch

      2. what does karma have to do with him not paying his taxes. its 2013 and you still believe in voodoo

    8. Ironically, he recently dropped a brand new single from his upcoming album titled … “Ballin”. So, (just like Jay-Z’ asked from Jim Jones on “Brooklyn High”) that’s ballin? His hypocrisy was always the most irritating thing about him, by the way I never felt his music too in the first place.

      Dude always had A-list producers around him, and somehow managed to get top features as well but never actually delivered. Not just commercially (although he had a few huge hit), but more like musically. A lot of people told me how dope he was back in the day, but aside from a few highlights I never heard anything impressive from him. Granted I haven’t checked every album he has, but still.

      When Darkside Vol. 1 dropped, I decided that this will be the very last chance I give him. If it’s wack as usual, then I don’t give a damn about Fat Joe any more. Surprisingly enough it was a really great project back to forth, I still bump it on occasionally.

      1. I completely agree with the first Anon post. Personally, as shallow as this sounds, I really think he can afford this subpar-like career living off of Pun’s pension/estate.

      2. I completely agree with the first Anon post. Personally, as shallow as this sounds, I really think he can afford this subpar-like career living off of Pun’s pension/estate.

        at least joe did the right thing to never do anymore of pun’s posthumous albums, because after the disasters of pac and biggie’s legacy (especially pac’s after better dayz) he knew that it would stink.

        Somebody even wanted him to do the big pun reggaeton album and he did the right thing to turn it down.

    9. mmmmmm, Lets see, most rappers can’t admit that they have tax problems, but joe did admit it and respect for that. These artist will either blame their friends or their accountants, but before it came to this, did they do their research to check if their guys are really paying tax? and the answer is probably no. They always talk of snitches but they trust these bow tie motherfuckers with huge amounts of money. Joe,no offence but you also have to take the blame.

      1. I agree, he does have to take the blame and is facing the problem head on. It does suck though, you hire some business 40 year old balding white dude to handle your cash and they mess up.

        While that white dude is going golfing, Joe will sit in a court room.

        Some advice. Get money, take a few finance classes at a near by college and learn how to handle it yourself. Can you really trust a man who builds his fortune on telling you how to spend your money?

    10. $700k aint jack to these rappers that can afford to talk about how many Bugatti, Phantoms and Maybachs they can buy…why is it sooo hard to pay back the government when they get on their asses… the difference in fakin it til you make it and the differences of being Rich and Wealthy on record -vs- reality.

    11. BACK TO YOU: 6TH TRACK FROM I AM NOT A HUMAN BEING 2

      Back to you is about longing and sex addiction. He’s in love with that girl who’s so different from her (he drinks tea, she drinks wine). He want to settle down with her but is not ready to commit. He doesn’t feel comfortable around the girl parents and friends. They judge him… But he likes her yet he thinks that’s not enough… They use sex as to stop their relationship from growing because they don’t know if they’re ready
      Best song ever

    12. Good thing he’s tight with Officer Ricky. Officer Ricky Rape will have your back in prison

      1. IRS is targeting black artists in entertainment and putting them in jail. White entertainers almost never go to jail for tax evasion.

      2. It’s who takes the plea deal, not the skin color. Martha Stewart and Willie Nelson went to jail, Nas and Wayne didn’t. Wesley had a deal on the table and blew trial, Nicholas Cage took the deal. Lauryn took long, Lindsey too high to pay attention.

      1. Yeah it is easy to do your own shit when you are only making $27,000 a year. When you start making real money you see the value in wealth management.

      2. thats what accountants are for though dawg

        shit just go to H&R Block you know fat joe aint making that much paper these days

      3. H&R got caught robbing people with the rapid refund loans and getting people audited for the shady paperwork

    13. I’m sure this is Karma for screwing over Pun, Cuban Link, Armagedon, Remi, Tony sunshibne and seis. When selling out goes wrong.

      1. It’s the exact opposite. He put each of those people on, but got tired when they didn’t want to put in the work. Joe understood the business end. All Pun understood was the fast food end.

    14. “Can you really trust a man who builds his fortune on telling you how to spend your money?”

      You can if that’s their profession in life. Fat Joe or any one of these rappers/celebrities should still know where their money is everyday. You don’t just tell someone to manage your money then forget about what their doing.

      1. Fred Wilpon gave his investment banker friend Bernie Madoff over four hundred million to manage while Fred ran his sports team and real estate. Look at what happened to Fred, and Fred has accountants, and has to deal with accountants who are watching his accountants.

        You people just look at these rappers and you people know absolutely zero about the firm, lawyer, accountant, and their resume or their work efficiency.

    15. The IRS is conducting a “Witch Hunt” right in front of the American public and many people are just accepting of it and not making noise. Bullshit!!! Time to stand up because if we don’t it won’t just stop here.

      1. The Same IRS that is targeting Tea Party members and conservatives and others, ABOLISH THE IRS!

    16. this fat joe fuck nigga stay losing i told people 50 won there beef he already murked ja the next nigga to get it is french montana

      1. 50 is less relevant than French in rap right now. Not that I even like French (think he’s wack), but 50 ain’t got shit on him.

      2. french about to sell 50k opening week with 43 features and diddy and ross behind him. 50 could sell more blank cds than that opening week.

        LOL 50 behind french

    17. 50 cent > ja rule

      50 cent > fat joe

      50 cent > french montana

      fuck all these broke one hit wonder niggas 50 the boss of this shit

      1. All three of them suck, including 5-0 aka 50, yeah fat hoe got his karma for ruining terror squad and others, yet the sheep continues to support bullshit like 5-0 who has ruined NY Rap, used his own rappers as puppet and created the worst era of rap in U.S. Music history, such a sad joke.

    18. “Fred Wilpon gave his investment banker friend Bernie Madoff over four hundred million to manage while Fred ran his sports team and real estate”

      Wilpon should go to prison for being that stupid.

    19. TALK ABOUT 50 ALL YOU WANT BUT I BUT HE GOT MORE MONEY THAN ALL OF YOU BROKE HATERS WITH YOUR 9 TO 5 JOBS EVER IMAGINED! AND HE PAYS HIS TAXES.HA HA HA HA HA! BROKE JEALOUS SUCKERS!

      1. Because you are nothing but sheep and brainwashed, 5-0 sucks as a rapper and you are still sheep.

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