Young Buck’s Nashville, TNhome was raided by gun-toting federal agents and IRS officials, reports TMZ.com. According to the celebrity gossip site, the feds entered the southern rapper’s home with shotguns and seized a number of his personal items including some recording equipment, jewelry, furniture, platinum wall plaques, and his children’s PlayStation.
His assets were reportedly confiscated in an attempt to settle a $300,000 tax debt and in a written statement, Buck not only vowed to never be in this position again but also revealed that he ran into money troubles after trusting the wrong people to handle his business affairs.
“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, and replace anyone that was put in place by your record label if the situation you have goes sour,” said the former G-Unit rapper.
“The IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music. From now on, I am going to stay on top of my own business.”
Buck’s career has taken a turn for the worst since he departed from G-Unit and he has engaged in a public feud with the group’s leader 50 Cent. Most recently, he accused50 of blacklisting him in the music industry by refusing to clear him for features.
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