Benzino Hit With Income Tax Charges, Planning New Dis Track
Scott faces a federal misdemeanor charge for not reporting an estimated $1.5 million in combined income from 1999 and 2000.
"There was an extensive investigation into this matter," FBI spokeswoman Gail Marcinkiewicz told The Boston Herald. "We took a sweeping look at this individual. We were aware of the allegations of murder and everything else. This is what we came up with."
Marcinkiewicz would not speculate on whether Scott's tax charges are part of a larger probe, but FBI sources indicate that the inquiry into Scott also examined his relationship with The Almighty RSO.
While they were never charged, the Boston rap group became the subject of a murder investigation in relation to the 1994 slaying of Roxbury bouncer Michael Adams.
Scott served as the co-founder of The Almighty RSO.
In response to the charges, Scott plead innocent in a U.S. District Court to willful failure to file tax returns on Oct. 28.
Scott was arraigned and freed on $10,000 unsecured bond.
"It is what it is, I'll be vindicated," Scott told AllHipHop.com. "They been investigating me for years and all they got me for is not filing taxes. I had someone in the office that was supposed to do that and something must have happened that year."
The federal tax charges are just the latest round of legal and financial troubles for the Source Magazine.
The Source is also currently engaged in a bitter war of words with Hot 97 on-air personality Funk Master Flex, 50 Cent's G-Unit and Eminem.
"It hurts my heart where n**as support Curtis Jackson [50 Cent]. If you're brave and stand for the 'hood you will be a target," Benzino said.
Scott said he has a new group he will release material with to take on his rap rivals.
"I got a diss song against Eminem called 'Detox' this Friday. Capitol One N***as that is my new movement, they got something for 50 and G-Unit."
In recent months, the beleaguered publication and its employees have found themselves facing various criminal charges and civil suits.