IRS cracks down on Ja Rule

Celebrity rapper Ja Rule, whose real name is Jeffrey Atkins, was sentenced to 28 months in prison after admitting that he didn't pay his taxes for five years. His tax evasion resulted in $1.1 million in tax losses, which Ja Rule has agreed to pay -- in addition to the penalties he owes, according to the IRS.
In Chicago, the owner of three "gentlemen's clubs" was nailed by the IRS earlier this year for hiding $12 million in cash in a warehouse to avoid paying taxes on the money.
Another man was convicted of trafficking and selling counterfeit Nike shoes from China and underreporting his annual shoe sales as $22,262 in 2008, when he really earned $293,549.  To top of page

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