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Ja Rule Pleads Guilty To $3 Million Tax Evasion

Rapper Ja Rule is facing up to three years in prison after admitting that he failed to pay taxes on more than $3 million in income.

The platinum-selling rapper earned the money between 2004 and 2006 while he lived in Saddle River, an upscale community in northern New Jersey.

He faces up to one year in prison and $100,000 in fines on each count on the three tax evasion charges.

However, a plea deal is in the works that would dismiss two counts of unpaid taxes against him on about $1 million he earned in 2007 and 2008.

He is scheduled to be sentenced on June 13 but will be reporting to prison days earlier to serve a two-year sentence in another case that saw him plead guilty to attempted criminal possession of a weapon in December.

According to the court filing by the US Attorney's office, he earned the money from music royalties and live performance-related income.

His attorney, Stacy Richman, says the rapper "has been working on addressing these issues for some time, and he's taking full responsibility."

March 23, 2011 |

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