Dwight Grant, also known as Beanie Sigel has been sentenced to two years in prison over tax fraud charges. Yesterday, he pleaded guilty for failing to return his tax income.
The Philadelphia rapper Beanie Sigel was Thursday given a sentence that puts him 24 months behind bars. The Associated Press reports prosecutors have made an estimate for Beanie Sigel’s fraud that reaches a staggering $700,000. And this is only for the period of time between 1999 to 2005.
But the rapper continued not paying his tax income. In the last 3 years, the rapper managed to accumulate a hallucinating $1 million to his tax income. According to Philadelphia’s local Fox affiliate, the former MC earned more than $3 million between 1999 and 2005 but paid in taxes only $10.000.
Assistant U.S. Attorney Paul L. Gray said the rapper “has utterly failed to cooperate with the probation officer’s attempts to determine his current financial condition”. According to the prosecutors, Beanie Sigel “has earned a significant sum of money and simply squirreled it away, out of the reach of the government”. “He would not even cooperate with the probation officer to permit a home visit” added Gray.
Sigel could thank his lucky star, for getting only 2 years of prison. T he prosecutors were going for 3 years. Prosecutors emphasized the rapper’s long track record and mentioned his year in prison over weapon charges.
In a recent interview, the rapper explained he wasn’t actually making as much money as everybody seems to imagine. “From the outside looking in, it’s like, ‘Yo he’s getting it,” he said.
Sigel became famous with 1999’s debut album album called “The Truth” featuring Jay-Z and his Rock-A-Fella crew. Unfortunately for Beans his four solo albums didn’t have much success.
A new trend seems to have started in the last years, as several notorious rappers had tax issues. In March 2011, famous rapper Ja Rule pleaded guilty for failing to return his tax money from 2004 to 2008. He accepted to pay the government $1.1 million plus penalties imposed by the state officials.