Wednesday, August 10, 2011
News: Beanie Sigel Pleads Guilty
Beanie Sigel's lawyer Fortunato Perri Jr. confirmed to MTV News that the rapper is now facing up to three years in prison after he admitted in federal court on Tuesday that he didn't file or pay taxes between 2003 and 2005.
U.S. prosecutors estimate that the rapper owes approximately $350,000 on $1 million of unreported income; He subsequently pleaded guilty to three counts of failure to file his federal income tax returns. Beanie will be sentenced on November 18, when he could get as much as three years' prison time.
His attorney, however, doesn't believe that the government's calculations are entirely accurate. "We intend to raise issues at the sentencing hearing which we believe will change those loss figures," Perri Jr. told MTV News. "We're going to ask the court to review our issues that we raised and our calculations, and it's our hope that those numbers will be successfully challenged at the time of the sentencing hearing."
Beanie Sigel, who broke out with his 1999 album, "The Truth", saw moderate success while signed to Jay-Z's Roc-A-Fella Records, but his career eventually dipped after he was sentenced to a year and a day in prison in October 2004 on weapons charges. Sigel would go on to release a total of four solo albums and become the head of State Property, a rap group and record label that he launched himself and that also spawned a clothing line and two films.