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

    Fat Joe has pleaded guilty to tax evasion after failing to pay income taxes for the years 2007 and 2008.

    According to TMZ, the Terror Squad chief was accused of dodging roughly $700,000 in income taxes over the two-year period. He appeared in federal court in New Jersey earlier this morning to enter his guilty plea, and was subsequently released on $250,000 bond.

    In 2010, Joey Crack listed his $2 million Florida mansion for sale to reportedly liquidate assets to cover debts of nearly $140,000. He was also given a tax lien by the State of New Jersey from 2008 in the sum of $105,000, as well as a Mercer County, New Jersey lien for just under $32,000.

    Joey Crack will be sentenced in April and is facing up to two years in prison.

    RELATED: Fat Joe Speaks On Ending Beef With 50 Cent

    43 thoughts on “Fat Joe Pleads Guilty To Tax Evasion, Released On $250,000 Bond

    1. Damn Joe, I thought you were Ballin’!…You used to be one of my favorite mc’s in the early to mid 90’s then you went South and got really played out. Still bump Fat Joe Represent…classic material, as well as Jealous One’s Envy..classic as well. You always made solid music through the years Joe. Come back to The East…The Darkside was tight but you got the masses thinking you wack so get ya shit straight and get back with D.I.T.C who you made your best shit with.Peace

      1. Bout time somebody told Joe! Even Loyalty was hot! He had a few joints after ‘Lean Back’ but its been quiet for a minute now.

    2. INCLE SAM AIN’T FUCKIN’AROUND!!!! THAT PIMP HAS A MEAN BACK HAND WHEN U DON’T PAY ‘EM HIS MONEY!!!!

      ……HA!!!! PAY UP JOEY!!!!

      DON’T HATE ON MY OPINION!!!!

    3. “These feds want me for some tax evasion…” Fat Joe, “I Shot Ya remix”, 1995.

      Uh, dang. Not a good way to go out.

    4. The sad thing is, while FJ’s has had issues recently, this is not a lot of money and he could have paid it if he’d tried by doing shows. Don’t let the album sales depress you. You call yourself a hustler. Handle your biz man. And you don’t have to “evade” your taxes. You make money, you spend it all, then still file your return and send something in, even a hundred bucks until things get better. Then the worst they can do to you is hit you with your ongoing nasty interest. Common!

    5. Thats what u get for making a song called making it rain, the IRS like yeah while too bad u havent paid your Taxes. tell your boy Khaled help u out, u help put him on

      1. Hell yeah! Where is Khaled, the umbrella-holder boy turned Def Jam South CEO now, when you need him? Let me guess, making it rain, huh? Pretty ironic. But either way, its Joe’s fault, so at the end of the day (with or without Khaled’s helping hand) he have to face the consequences.

    6. I guess that “Peace God I’m gone, I’m gone, I’m on my way” line from his track with Preemo is more actual than ever. Despite he was always one of the least sympathetic person for me in hip-hop, its said how even a veteran like him could go bankrupt. But what goes around comes around, Joey is probably done anyway.

    7. Yo Joe i have a question: why you aint paying the $ 700.000?

      I mean according to your lyrics you were a hustler and bully in the streets?

      So grab your gun and hustle in the streets!

      1. WHAT HUSTLER U KNOW IN THE STREETS PAYING TAXES INTERNET DORK?

        POP UR ZIT & STFU

        JIMMY’S BRONX CAFE WAS DA SH!T

        U LISTENING 2 SONGS IN UR SAFE HAVEN

    8. It seem to me most of the rapperd did not get pass the fift grade, how much time they will have to tell you guys, uncle sam is realy not your uncle, he just want your money that it, give it up freely or he is going to take it the hard way and send you to Jail. and why all these rappers alway talking about they got million but can paid the taxes the owe, all fake ha

    9. I know this nigga was stupid when he dis TJ Jakes in one of his song, yo God is not dead he is still alive and in controll, he got ways to show niggas he aint playing, dont front he will take it all away, fat joe pay attention now go and figure it out

    10. Don’t know mathematics and their accountants are robbing them blind. Dam, it suxx to be a contractual artist. Recouping….stooopid.

    11. “TO MOST RAPPERS THIS THEIR 1ST JOB EVA”

      Doesn’t mean they shouldn’t pay attention to where the money’s going.

    12. “get back with D.I.T.C”

      Why? So he can sell even less? Joe outgrew DITC. His problem has always been he can’t make a complete album. He’ll have a few bangers on every album, but he doesn’t know how to make a complete project.

    13. Fat Hoe, your time is up, you have plenty of chances to change and you blew it, the late big pun is turning in his grave and pun’s people are laughing at you.

    14. you are all racist
      how the FUCK are you all so racist?
      on a rap fanpage
      you got something coming its like your begging god to smack you down

      you hate niggas so much when its about them, you start loving the I.R.S

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