Fat Joe pleaded guilty to two counts of tax evasion at a federal courthouse in New Jersey today. Joey Crack, who’s real name is Joseph Cartagena, admitted to evading taxes on $3.7 million worth of income between 2007–2010. Via All Hip-Hop:

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.

In unrelated news, does anyone else feel that Fat Joe has lost so much weight that it’s no longer really appropriate to call him Fat Joe? He’s more like a “Moderately Husky Joe” now.

Click Here