BREAKING NEWS: Fat Joe Sentenced To Federal Prison For Tax Evasion
(AllHipHop News) Fat Joe will not be apart of the summer music scene this year as it is being reported that he was sentenced to four months in federal prison for tax evasion.
According to CliffViewPilot, Fat Joe (born Joseph Cartagena) admitted to evading this tax responsibilities, however blames "fancy guys in bow ties" for the mishandling of his finances.
In addition to four months in prison, Joe was slapped with a $150,000 fine and one year of supervised released once his prison term is served.
Fat Joe has reportedly failed to pay $718,038 in taxes from 2007 through 2010. He informed U.S. Magistrate Judge Cathy Waldor that he will repay the entire sum.