*Fat Joe got an early release from jail in time to spend Thanksgiving holiday with his family.
The rapper, real name Joseph Cartagena, was on lockdown in Miami after he pleaded guilty to tax evasion charges. He owed $718,038 in back taxes from 2007 through 2010, according to reports.
On August 26 of this year, Joe turned himself in to Miami’s Federal Detention Center to serve a four month sentence. But according to an Instagram post Wednesday by “All I Do Is Win” producer DJ Nasty, Joe was been released early—right in time for Thanksgiving dinner.
Watch an Instagram video of Joe surprising his daughter below.
*Rap star Fat Joe has become the latest star to be convicted for tax evasion and has reported to federal prison in Florida to serve a 4-month sentence.
Joe, whose real name is Joseph Cartagena, surrendered Monday at a federal detention center in Miami according to his attorney.
Cartagena, 42, reportedly failed to pay taxes on more than $1 million of income in 2007 and in 2008.
He then pled guilty in December 2012.
Due to the fact that many of the companies he gets money from are incorporated in the New Jersey, Cartagena was charged in that state.
Attorney Jeffrey Lichtman told The Associated Press that Cartagena was in positive spirits and looking forward to getting released and back to his family before Christmas.
*Just like the headline says, this page/board is where you can discuss the stuff that we didn’t cover in today’s issue. (It’s sort of like feedback with a twist) Remember, NO name calling, racial taunting, graphic sex talk and vulgarity in general, PLEASE.
EUR MOTIVATIONAL NOTE
Wanna fly, you got to give up the s**t that weights you down – Toni Morrison
Aug. 19: Singer Ivan Neville is 54. Rapper Fat Joe is 43. Actress Tracie Thoms is 38. Rapper Romeo (formerly Lil’ Romeo) is 24.
Aug. 19, 1954: Ralph J. Bunche named undersecretary of the United Nations. (Source: www.BlackFacts.com)
*The former chart-topping rap star Fat Joe has admitted to failing to file federal income taxes for two years. As a result Joe was sentenced to four months in prison.
During his sentencing Monday in federal court in Newark, N.J., the artist, who’s real name is Joseph Cartagena, apologized to his family and supporters.
Joe pleaded guilty in December to failing to pay taxes on more than $1 million of income in 2007 and in 2008.
U.S. Magistrate Cathy Waldor took into account for sentencing the allegation that Cartagena failed to pay taxes on some $3 million in income for the years 2007 through 2010. According to the federal prosecutor, the total tax loss to the government for those four years was $718,038.
With Joseph earning money from a few New Jersey based companies such as Terror Squad Production Inc., and Miramar Music Touring Inc., the case was held within the same state. He also earned income from FJTS Corp., during the time in question.
As he addressed the court in front of his family and supporters, Cartagena apologized before he spoke of growing up in a housing project in the Bronx in New York City surrounded by guns, drugs and “violence all around.”
“I did everything I could to achieve what I could, to move my family; I tried to stay positive, focus on the positive, and get myself out,” he said. He spoke of how many family members he supported and how he tried to give back to his community.
“I guess I’m surprised, caused I worked so hard to not end up in court, that I’m here,” he said. “This is the last place I thought I would be.”
Along with making an effort to shed weight to avoid some of the pitfalls many stars faced in terms of obesity, Joe also said he had recently signed a record deal in hopes of making money to pay back his arrears.
*Fat Joe was recently in headlines for tax evasion.
In an interview with MTV’s Sway on “Rap Fix Live,” the rapper shared his thoughts about finances. He also discussed Chris Lighty’s untimely death along with his reconciliation with 50 Cent.
“You gotta understand, we hire guys who are supposed have Harvard degrees to take care of us,” he said. ”The one thing I can say is, all the time you see artists, the first thing they did to you when you caught money was introduce you to a bunch of fancy guys with bow ties who are gonna take care of your money and all that and then you always see an artist or a celebrity or somebody like that going down for it and these guys never go down for it. But we didn’t go to Harvard for that.”
He went on, opening up about how he grew up poor and giving props to Chris for helping him land his first record deal.
Joe spoke about the suspicion surrounding Chris’ death.
“I don’t wanna offend nobody, but I think it’s 2013. I think — a guy so important like that — they weren’t gonna overlook if he committed suicide. See, none of us want to think that our friends or someone we love would commit suicide,” he said. “What kind of a lawsuit would that be for a guy as rich as Chris Lighty who did so much? What kind of lawsuit would that be for the NYPD? I don’t think they’re gonna fumble the ball on that.”
Chris Lighty’s death was also an integral force in squashing the beef between 50 and Joe.
“He had a lot of respect for Chris Lighty, I had a lot of respect. We went over there and we did the tribute together,” he said. “So when a man stick out his hand for me like ‘Yo it’s for Chris, it’s peace,’ it’s peace. And I don’t anticipate ever having a problem again with him in my life. Because once I give you my word and I give you my hand, it’s love.”
*Twenty years later and Fat Joe is still in the game.
The rapper made his first major debut in 1993 with the summer release of his single, “Flow Joe.”
Since then, the Bronx native has witnessed transformation in the industry as well as his own career.
In an interview with The Boom Box, the rapper celebrates his 11th LP, “The Darkside Volume 3” and also talks about his beef with 50 Cent and why Big Pun is still called the greatest Latin rapper.
BB: Your last project The Darkside Vol. 1 was a serious rap record, where you went back to the underground. How do your new LP compare to the last one sonically?
FJ: Well, this new album can’t compare to any other album because it’s a collabo album. It’s me and a bunch of artists that got together and put together some great music and it’s nothing like you’ve ever heard before from my stuff.
BB: “Another Round,” featuring Chris Brown, was a big mixshow record. Is it on this album?
BB: Chris Lighty was such an important part of your early career. How did losing him affect you?
FJ: It was sad for his family and was a bad day for hip-hop. This guy changed my life. I came from the streets and if it wasn’t for him finding me I wouldn’t have a career in hip-hop.
BB: What was the significance of you and 50 finally putting your beef to bed?
FJ: Well, the Chris Lighty thing happened, and we were all supposed to perform at the BET Awards. When we went to rehearsal, 50 came over to me and was like, “You know Chris wanted us to be cool with each other. He wanted this to be over with a while ago.” I agreed with him, and it went from there. Chris would’ve been happy ultimately with how we handled things, so I’m glad that that is over with
BB: From Big Pun to Cool & Dre to DJ Khaled, your eye for spotting great talent is amazing, if not underrated. Why do you think you’re overlooked as a tastemaker in that respect?
FJ: Critics out there always seem to overlook what I have done, yet I have been the one to discover a lot of this talent out there, on top of putting out my own stuff. “Lean Back” was number one for 19 straight weeks. “I Won’t Tell” with J. Holiday went number three; “Another Round” just went number three in America last year. “We Thuggin” went number five. These are facts, man. I just don’t get it. You got Remy Ma who is one of the best female rappers in the game. DJ Khaled has his own company and is a huge mega-producer out there. Chances are if I am the one to cosign people they will become a big part of the industry.
Check out the full interview here.