Is DMX Having Some Serious Financial Issues?
(AllHipHop Rumors) Uh oh! It looks like DMX is not only battling addiction, as he's battling the government also over an alleged tax fraud scheme!
X is in rehab currently after he tested positive for cocaine during his tax fraud case.
According to Bossip, the government has accused DMX of deliberately withholding some $1.7 million in federal income taxes from the government for years.
X filed for bankruptcy late last year while claiming that his assets didn't exceed $350,000, despite the fact that he owes millions.
In his million(s) dollar debt, he owes almost $1 million on his mansion's mortgage, $530k in back child support, about $36k in local taxes in Arizona, $1.4 million in back child support in Los Angeles, and several thousands in unpaid medical bills.
Apparently X messed up his chances of getting his finances together through the bankruptcy filing because he failed to show up for the hearings, make payments, and he failed to disclose that he filed for bankruptcy several times since '09.
Mannnnn! Pray for X! Keep your head up X!
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