Beanie Sigel Is Released From Federal Prison In Philadelphia After Serving A 2-Year Sentence On Charges Of Tax Evasion.
Philly rapper Beanie Sigel is the latest in a steady stream of rappers to return from a bid with the news of his release from the Federal Detention Center in Philadelphia today. The rather quiet return, which broke via HipHopSince1987's Instagram account, follows the long-awaited release of rappers Lil Boosie and Remy Ma. Beans was initially sentenced to two years in federal prison on charges of tax evasion, as detailed by Rolling Stone:
Beanie Sigel has been sentenced to two years in prison for tax evasion, according to the Philadelphia Inquirer. The rapper, real name Dwight Grant, failed to file tax returns from 1999 to 2005, save for one $10,000 tax payment in 2001. While earning $2.2 million in taxable income over those six years, Sigel owed the IRS $728,536. Sigel pleaded guilty to the charges in August, which stemmed only from 2003 to 2005 due to the statute of limitations.On top of two years behind bars, Sigel will have a year of supervised release during which he must reimburse all back taxes, interest and penalties.
Beanie Sigel was later sentenced to 6 to 23 months in prison on charges of drug possession. He was released today after serving 15 months of a two year sentence. While a point of excitement for mixtape junkies and his most dedicated fans, Beanie Sigel's release from prison could also bode well for any future projects from The Roots provided he remains a free man. Check the footage below to get a taste of the Broad Street Bully. Welcome home, Beans!
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