Rap artist Fat Joe is awaiting sentencing in New Jersey for federal tax evasion. He pleaded guilty in December 2012 to failing to pay taxes on more than $1 million of income in 2007 and 2008, the AP reported.
Former "Jersey Shore" star Mike Sorrentino — aka "The Situation" — and his brother, Marc, were indicted Wednesday on charges of tax fraud. According to court documents, Mike and Marc Sorrentino failed to properly pay taxes on approximately $8.9 million of income. The indictment alleges the pair submitted false and fraudulent tax returns by failing to report all of the income they earned.
Today, French bank BNP Paribas plead guilty Monday to criminal money-laundering laws by helping clients dodge sanctions on Iran, Sudan and other countries.As part of the settlement, BNP will pay a record penalty of close to $9 billion.Former ECB president Jean-Claude Trichet said the fine was neither fair, just, nor proportionate and carries risks for the global financial system.
Lauryn Hill’s parents are 150 years old! The singer received a three-month prison sentence yesterday for failing to file tax returns, but the New Jersey native still may struggle with math, according to the reliable source of tax news,