Yesterday Morning Friday (July 13), former G-Unit rapper Young Buck was sentenced to 3-years in prison for weapons charges. Almost a year ago (August 2011), the multi-platinum rapper was arrested for possession of a .40 caliber handgun despite being a convicted felon. Buck was given 3-years for his indictment, the judge ordered him to serve just 18-months. It’s really a hard knock life for Buck! He’s also having some tax issues with the IRS. Below is how MSNBC is reporting the story:
“Young Buck is also involved in a bankruptcy case after a contract dispute with record label G-Unit Records. Numerous pieces of gold and diamond jewelry once owned by the rapper will be auctioned by the IRS on July 26.”
“I’ve had some rough times. I’ve been fighting the bankruptcy situation, and there were some court situations,” said Young Buck.
“In December, a U.S. Bankruptcy Court judge in Nashville converted the rapper’s bankruptcy case from a Chapter 11 reorganization to a Chapter 7 liquidation. The trustee administering his estate said she planned to sell the trademarked “Young Buck” name along with other assets seized for non-payment.”
“Creditors submitted claims totaling $11.5 million, including $10 million that the label G-Unit Records said Young Buck owed them.”
“Other items to be sold at the auction include a diamond necklace, a Breitling Bentley watch, recording studio equipment, art work, televisions and a Tennessee Titans refrigerated soda machine.”
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