Originally posted on AllHipHop.com:

(AllHipHop News) Bronx bred Latino rapper Fat Joe, born Joseph Cartagena, pleaded guilty to two counts of evading taxes on $3.7 million dollars of income.

The 42-year-old rapper, known for his work with the late Big Pun, Terror Squad and many others, plead guilty in a federal courthouse in New Jersey.

The rap star admitted that he evaded paying taxes, in 2007, 2008, 2009 and 2010.

Although he is free currently on $250,000, bail, Fat Joe faces up to two years of jail time when his sentence is delivered in April.

At that time he is also expected to face a $200,000 penalty, as unpaid taxes to the ;government totaled nearly $718,038, according to U.S. Attorney Paul S. Fishman.

More new as details emerge.

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