NEWS: Beanie Sigel Sentenced to Two Years in Prison For Failure to Pay Taxes! [TekniqueTheKingpin*com]

Beanie Sigel was sentenced to two years in prison for a failure to file federal income-tax returns at the U.S. District Court for the Eastern District of Pennsylvania in his hometown of Philadelphia on Thursday morning (July 12). He will begin the 24-month sentence on Sept. 12.

Today’s sentencing came after Sigel pled guilty earlier this year for failing to file his federal income-tax returns from 2003-2005. Considering that federal prosecutors were pushing for the maximum allowable sentence of three years, Sigel’s attorney Fortunato N. Perri, Jr. expressed content that his client will be doing less time.

“We’re pleased with the sentence,” Perri told XXLMag.com. “It’s well-below the recommended range. [Sigel] has accepted his responsibility for a failure to file his tax returns.”

Sigel, real name Dwight Grant, earned in excess of $1 million in net income from 2003 through 2005 and owed the IRS approximately $348,077 in taxes during that time period. According to the Philadelphia Inquirer, prosecutors say Sigel still owes the IRS $728,536 for tax years 1999 through 2005.

In the time leading up to Sigel’s sentencing, the Philly rhyme slinger and former member of Jay-Z’s Rocafella crew, expressed excitement about working on a joint album with Scarface.

Facemob even told XXLMag.com last month the name for their proposed project.

“I think the name of the album’s gon be The First 48,” ‘Face told XXLMag.com. “We gon do a double album. First 48, Second 48. Beanie came up with that shit. It’s dope. The minute that everything is a go, we gon put our lives on camera and we gon record the first one in 48 hours.”

Despite today’s news, Perri thinks B. Sig will rebound well.

“He’s been through a lot,” his longtime lawyer of about 15 years said. “I think he’s going to rebound well. He’s been spending a lot of time with his family. He’s matured. He will try to make his way to the top of the industry again.”

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