Photo: rollingstone.com
Photo: rollingstone.com

Rolling Stone¬†has been found guilty of $1.7 Million tax fraud. He eventually accepted responsibility for not filing his taxes. The amount is the total of what he should have paid over a five-year period. At first, he pleaded not guilty to 14 counts of tax fraud blaming his handlers for the mistake. But later he admitted that he was at fault. He faces up to 5 years in prison and will find out his fate on March 29. The charges state that DMX “lived a ‘cash lifestyle’ to obscure earnings and deposited money into his managers’ bank accounts to stash his own income.”