Young Buck’s home was raided Tuesday by gun-toting federal agents to settle his $300,000 tax bill.
The rapper’s camp announced that Feds showed up to his Nashvillle home on August 3 and seized enough valuable items to pay off Young Buck’s debt to the IRS.
“They took my kids’ Playstation, my assistants’ computers, and baby’s mothers’ jewelry. They took my home studio so I can’t even record,” former G-Unit member Young Buck said. “The worst part of this isn’t the material stuff—that will all be replaced. It’s what it does to the people around me.”
Armed agents, who warned the rapper not to interfere with the seizure, also took furniture and his platinum records from the home. Although he lost of property in the raid, he was allowed to keep his house and vehicles.
Young Buck is sadden by the incident, but he realizes there was more he could have done to prevent it. Specifically, he personally didn’t pay much attention to his finances, opting instead to let his business team worry about that.
“This IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music,” Young Buck admitted. “From now on, I am going to stay on top of my own business."
The rapper has now vowed that he’s changing his ways, and he’s outlined how he’ll keep up with his taxes in the future.
"I have a new team in place, but I am also paying full attention now,” said Young Buck. “Nothing like this will ever happen again. This is a huge wake up call for all entertainers to stay on top of your own trusted employees and team members.”
— Sonya Eskridge