Wasn't it Biggie Smalls who said "Mo Money-Mo Problems". It looks like he knew what he was talking about. Could this be Biggie's revenge.? Didn't they get Capone on this?
RAP MOGUL KNIGHT GETS $6M TAX BILL
By The Associated Press www.pagesix.com
LOS ANGELES (AP) . Rap mogul Marion ``Suge'' Knight was slapped with a $6 million income tax bill that he racked up while behind bars.
An attorney for Knight, owner of Tha Row Records, formerly known as Death Row Records, said the Internal Revenue Service sent a collection notice this week regarding taxes owed in 1997.
At that time, Knight was serving a five-year sentence for violating his probation after getting involved in a fight the night Death Row Records rapper Tupac Shakur was killed in Las Vegas.
Knight ``is a hardworking citizen and meets all his responsibilities,'' lawyer Arthur Barens said Friday. ``He plans to pay it.''
IRS spokesman Victor Omelczenko declined to comment.
The collection notice arrived just a few months after Knight's former attorney, David E. Kenner, 60, of Los Angeles, was sentenced to three years probation after pleading guilty to tax evasion charges.
07-13-02 1328EDT
RAP MOGUL KNIGHT GETS $6M TAX BILL
By The Associated Press www.pagesix.com
LOS ANGELES (AP) . Rap mogul Marion ``Suge'' Knight was slapped with a $6 million income tax bill that he racked up while behind bars.
An attorney for Knight, owner of Tha Row Records, formerly known as Death Row Records, said the Internal Revenue Service sent a collection notice this week regarding taxes owed in 1997.
At that time, Knight was serving a five-year sentence for violating his probation after getting involved in a fight the night Death Row Records rapper Tupac Shakur was killed in Las Vegas.
Knight ``is a hardworking citizen and meets all his responsibilities,'' lawyer Arthur Barens said Friday. ``He plans to pay it.''
IRS spokesman Victor Omelczenko declined to comment.
The collection notice arrived just a few months after Knight's former attorney, David E. Kenner, 60, of Los Angeles, was sentenced to three years probation after pleading guilty to tax evasion charges.
07-13-02 1328EDT