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Rapper DMX Pleads Not Guilty to $1.7M Tax Evasion
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15 Jul 2017 05:24 AM EST

Rapper DMX walked free on Friday after pleading not guilty to what the Internal Revenue Service described as a brazen effort to evade $1.7 million in taxes, saying his faith and loyal fans would keep his career on track. the multi-platinum hip-hop artist, who's real name is Earl Simmons, entered the not guilty plea at a brief hearing in federal court in Manhattan. He had surrendered on Thursday and spent a night in custody before being released on $500,000 bond. An indictment alleges he stopped paying taxes in the early 2000s at the peak of his career, when he was making millions of dollars off chart-topping songs including "X Gon' Give it to Ya," appearances in movies such as "Romeo Must Die" and performances at sold-out arenas.As DMX's tax bill skyrocketed, he funneled hundreds of thousands of dollars in music royalty income into his managers' bank accounts, prosecutors say. The managers took their fees and then gave anything left over to him in cash for his personal expenses, they say. In another evasion tactic, DMX's managers would take deposits for half of his fee beforehand, and he would collect the rest in cash the day of the performance without reporting the income, the indictment says. The papers also allege that when taxes were withheld from his first payment for an appearance on the "Couples Therapy" reality show around 2011, he threatened to quit. No further deductions were made after that, they say.

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