Beanie Sigel pleaded guilty Tuesday to failing to file income taxes for three years and will be sentenced in November.
Reports the Philly.com:
Sigel, 37, who has had other run-ins with law enforcement, appeared in U.S. District Court to admit that from 2003 through 2005 he did not pay what the government says was at least $348,000 in taxes on $1 million of income.
He said little during the hearing before U.S. District Judge Jan E. Dubois. His attorney, Fortunato N. Perri Jr., said he would contest the government’s calculation of taxes owed when Sigel appears for sentencing. Sigel faces up to three years in prison. His guilty plea was expected, as he had waived indictment.
Assistant U.S. Attorney Paul Gray said the government believed Sigel also failed to pay taxes in years before 2003 but that he could not be charged because the statute of limitations had expired. How much Sigel owes will be a factor in determining his sentence.
Gray said the IRS might contend that the total in taxes Sigel owes, dating back to the 1990s, was around $700,000. Perri said “we’re confident” Dubois would conclude that the accurate number is “less than $300,000.”