Wu-Tang Clan rapper Method Man pleads guilty to attempted tax evasion
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Yung_Souf_Money
Members Posts: 4,019 ✭✭✭
damn i see why method man was ? about the south he needed all the money and publicity he can get
www.mediatakeout.com
Method Man agreed to pay the tax man Monday.
The Wu-Tang Clan rapper and film star pleaded guilty in Staten Island Criminal Court to tax evasion charges and forked over $106,000 in restitution.
"Whether you are a celebrity or an 'Average Joe,' you will be investigated, arrested and prosecuted," said Staten Island District Attorney Daniel Donovan.
Method Man, whose real name is Clifford Smith, failed to file New York State income tax returns from 2004 to 2007, Donovan said.
The 39-year-old Staten Island resident was busted in October 2007 on the misdemeanor charges.
"There are those who attempt to evade paying their taxes in every profession, from blue collar jobs to high-wage earners in the medical and legal fields," said Jamie Woodward, acting commissioner of the state Department of Taxation and Finance, whose office helped investigate the Grammy winner.
"When people cheat, all New Yorkers end up paying more of the tax burden - taxes that pay for essential services such as health care, education and transportation."
Method Man pleaded guilty to attempted tax evasion, a misdemeanor and received a conditional discharge.
His lawyer, Peter Frankel, said it was unfair to call the entertainer a tax cheat.
"He's a busy guy and he had people who he thought were handling his business and they weren't," Frankel said. "He's a good man. He made a mistake and he took care of it."
www.mediatakeout.com
Method Man agreed to pay the tax man Monday.
The Wu-Tang Clan rapper and film star pleaded guilty in Staten Island Criminal Court to tax evasion charges and forked over $106,000 in restitution.
"Whether you are a celebrity or an 'Average Joe,' you will be investigated, arrested and prosecuted," said Staten Island District Attorney Daniel Donovan.
Method Man, whose real name is Clifford Smith, failed to file New York State income tax returns from 2004 to 2007, Donovan said.
The 39-year-old Staten Island resident was busted in October 2007 on the misdemeanor charges.
"There are those who attempt to evade paying their taxes in every profession, from blue collar jobs to high-wage earners in the medical and legal fields," said Jamie Woodward, acting commissioner of the state Department of Taxation and Finance, whose office helped investigate the Grammy winner.
"When people cheat, all New Yorkers end up paying more of the tax burden - taxes that pay for essential services such as health care, education and transportation."
Method Man pleaded guilty to attempted tax evasion, a misdemeanor and received a conditional discharge.
His lawyer, Peter Frankel, said it was unfair to call the entertainer a tax cheat.
"He's a busy guy and he had people who he thought were handling his business and they weren't," Frankel said. "He's a good man. He made a mistake and he took care of it."
Comments
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what happened to all that wu-tang money???
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Yung_Souf_Money wrote: »what happened to all that wu-tang money???
what u mean? he got hit for tax evasion...that doesnt mean he's broke, just means he wasnt paying his taxes -
Lmao !!!!!!!!!!!!!!
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Yung_Souf_Money wrote: »what happened to all that wu-tang money???
Young cats these days....
The man paid all of his tax debt at pretty much ONE time, you think he is broke? When you have that much money, you pay accountants to handle that type of stuff. His accountant was ? up and didnt file his taxes to the state. If you average it out, he should have paid the state of NY a little over 30k/year and thats not even counting FEDERAL tax which would most likely be higher. So, yea, if you think he didnt pay because he is broke, you need to learn how real money works. -
lol, typical dumb ? young money fan.
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lol @ thinking 106,000 in will anyway effect ? 's life / financial situations