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Beanie Siegel Gets TWO YEARS Behind Bars For TAX EVASION + Publisher Farrah Gray SUES Antonia "Toya" Wright For $1M

Beanie Siegel faces two years behind bars for tax evasion. Get the deets inside and find out why Toya Wright's publisher is suing her....

Beanie Siegel failed to pay his taxes for the years 2003 through 2005 and now faces 2-years serious jail time. U.S. District Judge Jan DuBois also imposed a year of supervised release after the sentence during which Beanie will payb ack taxes, interest and penalties he owes.

The IRS found that Beanie did not file tax returns from 1999 through 2002, except for a $10,000 tax payment in 2001 while he earned more than $2.2 million in taxable income for those years.  So he owes $728,536 for those six years. He was not charged with tax offenses for the years 1999 through 2002 because the statute of limitations had expired.  He has until Sept. 12 to surrender to the Bureau of Prisons.

But on a happier note, Beanie is back doing music.  Chris Schwartz, CEO of hip-hop label Ruffhouse Records, has announced that Beanie will drop his first album for the label This Time will be released August 28.  Chris said, 

“We’re extremely proud to be re-launching Ruffhouse Records with Beanie Sigel as our first artist. His  sentencing today doesn’t change any of that in the least. Regardless of this unfortunate situation, Beanie has created a tremendous body of work that is totally worthy of the Ruffhouse name. It’s almost ironic that the sentencing is happening on the eve of this record, because this record is about introspection and redemption. Beanie is truly one of the great lyricists in the hip-hop game. He stands tall among all the major MCs and he’s revered by all hip-hop aficionados around the world.”

 

 

And in the book world......

Farrah Gray, who runs Farrah Gray Publishing is suing reality star Antonia "Toya" Wright for failing to promote her book Priceless Inspirations, which he published.  He plans to file in the U.S. Federal Court in the Northern District of Georgia with claims that Toya has engaged in "...direct, contributory and vicarious inducement of copyright infringement, unfair competition and breach of contract."

Farrah wants $1M bucks plus court costs and attorney fees. He claims Toya sold her own copies behind his back and failed to promote and market the book. 

Toya disputes these claims as her rep released a statement saying, "Mrs. Wright consistently went above and beyond her contractual obligations which included: Self- funding a college tour promoting Priceless Inspirations, Cross promotion of her Ampro endorsement by placing the book cover on Ampro products nationwide and allowing Farrah Gray Publishing the platform to promote her book on her highly successful reality show on Black Entertainment Television."

This should be interesting........

 

 

EXTRAS:

1.  Maria Cole, mother of Natalie Cole, has died at 89.  Story.

2.  Usher hopes to settle custody battle amid stepson's accident.  Story.

 

The Randomness:

1. Steven Tyler leaves American Idol. Story.

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Comments

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Bennie be acting all gay when

Bennie be acting all gay when he's HIGH anyways he might enjoy jail...put you have to pay your taxes..Obey the law of the land...

LOL

LOL

just like Beanie's bootleg

just like Beanie's bootleg movies....#healwayswindsupinjail.....SMMFH

LOL

LOL

So...I guess people from the

So...I guess people from the 'burbs don't lie?!?!?!?! (i.e., politicians, athletes, etc.) that was so ignorant and judgemental. What does where she comes from and what she did over a decade ago have to do with the subject matter of this post?!?!?!?

Farrah Gray is a fraud and I

Farrah Gray is a fraud and I don't know why people mess with him. His so-called success story is bs. Shanae Hall, Ky-Mani Marley, and others have sued this dude over shady business. Don Lemon will be next.
MsKizzy's picture

BEANIE IS PHILLY OWN (TOO BAD

BEANIE IS PHILLY OWN (TOO BAD THAT MAN CANT GET A BREAK)! AND TONYA ...CALL YOUR EX-HUBBY
Mi Mi's picture

Toya is not from the PROJECTS

Toya is not from the PROJECTS know your facts before you comment and of course her ex husband is who?????????? Lil Wayne Im pretty sure he will help her get out this financial burden. FYI she is on her second marriage. N.O. 9th ward bound#teamToya

We all know Toya Carter

We all know Toya Carter ghetto hood-rat ass don't have 1 millions dollars. Isn't this the same woman who had a child at 14 and is on her 2nd marriage and she isn't 30? Yes,I think so.

Damn, rappers ain't going to

Damn, rappers ain't going to jail for weapons and drugs charges anymore so now they takin them to court for taxes. Funny how they go to jail for tax evasion while their accountants and their firms are sippin on margaritas in San Tropez. Instead of buying whips and chains go over them books to make sure you stay out of jail when your career fades.
tori's picture

Of course, Toya is from the

Of course, Toya is from the projects. What did you expect? Honesty?! Bwahahahaha
SkeeWee's picture

The Federal Gov't is BROKE

The Federal Gov't is BROKE (due to 8 miserable years of debauchery with George W. Bush).... I guess they are starting to round-up everyone who owes $$$$$$$
LisaRaye's Subconsciousness™®©'s picture

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