Money problems may be universal, but as infamous The Notorious B.I.G once rapped, “Mo Money Mo Problems”. These five celebs famously couldn’t get it together when it came to their finances and they all ended up in jail.
The 1920’s gangster, Alphonse “Al” Capone, got away with a lot of grisly crimes during his years as a feared mob enforcer. However, he soon became Alcatraz’s most well-known inmate when he was finally jailed in 1931 for the only thing the law could convict him of, tax evasion. To date, Capone still holds the record for the longest prison sentence for tax evasion ever sentenced, 11 years.
Best known as the lead singer for the Fugees, Lauryn Hill has gone down in history as one of the most respected artists in R&B music. Unfortunately, in 2012, Hill was slapped with a bill of $1 million from the IRS for not filing her taxes and was sentenced to 3 months in prison.
One of the pioneers of rock n’ roll, Chuck Berry made his claim to fame with hit songs like “Johnny B. Goode”. Then again, even rock moguls must pay their taxes. In 1979, Berry was forced to serve a sentence of 120-days in jail for tax evasion. However, it wasn’t his first prison stint for money problems. Back in 1962, Berry was also arrested for armed robbery, where he spent 3 years behind bars.
Famous for being the first ever winner of the popular reality series Survivor, Richard Hatch was convicted in 2003 for not paying taxes on the $1 million prize he won on the show three years prior. In 2013, he was once again accused of not paying taxes on his home in Sydney, Nova Scotia. Following these charges, he served 51 months in jail.
The 1970’s superstar and romance film icon, Sophia Loren, served time in prison in 1982 for supposedly filing a fraudulent tax return in Italy. While the case was finally overturned in 2013 and ruled as a complete mistake, Loren still served 17 days behind bars for a crime she didn’t even commit.
Advice For Those Struggle With Money Problems
While your money problems might not end with you being thrown in the big house, struggling with credit card debt, back taxes, or any other type of money issue is no fun. This is where Rebound Finance can help. We help Americans, all across the country, tackle their debt and get back on track. Visit, www.reboundfinance.com to learn more.