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Fat Joe pleads guilty to tax evasion

PROBLEMS: Fat Joe

RAP STAR Fat Joe has reportedly pleaded guilty to federal tax evasion.

The Flossin' hit-maker, whose real name is Joseph Cartagena, was said to have entered the plea Thursday [Dec 20] to a charge of failing to pay taxes on more than '$1 million' of income in 2007 and 2008.

According to the AP he earned almost $3 million in two years and owes more than $700,000 in taxes to the federal government.

The 42-year-old married father appeared in federal court in New Jersey because some of the companies he earns money from are based in the east coast state.

"'Fat Joe' has taken responsibility for his tax failures. He hopes to repay his tax indebtedness," his defense attorney, Jeffrey Lichtman, told the NY Post.

The artist is currently free on $250,000 bail and but faces up to two years in prison when he is sentenced in April.

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