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Old 02-06-2004, 01:21 PM  
pornstar2pac
Omaha Hi/Lo
 
Join Date: Nov 2003
Posts: 17,380
Quote:
Originally posted by ytcracker
http://news.yahoo.com/news?tmpl=stor...eople_master_p

BATON ROUGE - Rapper Master P pleaded guilty in federal court to failing to file a corporate income tax return seven years ago.



Federal prosecutors accused Bout It Incorporated, the company the rapper founded in 1996, of neglecting to report its first-year earnings to the Internal Revenue Service (news - web sites). Master P, whose real name is Percy Miller, also founded the hip-hop label, No Limit Records.


Miller entered his plea Thursday, and no sentencing date was set.


The crime carries a maximum sentence of five years probation, a $200,000 fine or twice the financial gain or loss, and the cost of prosecution.





Yo YT, keepmy personal biz away from the boards. ya heard me?



No Limit 4 $200,000
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