Apparently Young Buck Doesn't Have $300,000, Gets Raided By The Feds Because of Unpaid Taxes

Young Buck’s Tennessee home was just ransacked by several armed federal agents … TMZ has learned — and it was all over $300,000 in allegedly unpaid taxes.

According to Buck’s rep, IRS agents rolled up to the platinum-selling rapper’s house in Nashville this morning to go on a repossession rampage over the alleged tax debt — seizing assets like recording equipment, jewelry, furniture, his platinum wall plaques … and even his kids’ PlayStation.

The rep tells us, the feds in question were packing heat — in the form of a shotgun — and warned Buck not to interfere with the raid.

As for how he fell so far behind in debt, the former G-Unit member tells us, “This 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.”



- TMZ

Source

Damn, they even took his kids Playstation? What happened to the lambo that he "only drove one time". I know 50 bought, it for him, but Buck says that "it's still mine". That's gotta be worth something. Guess Game was right. 50 DOES keep his artists starving. Worst part is that 50 wont let Buck release an album untill his contract with G-Unit is up. I predict another teary phone call leaking.

Lesson learned: these rappers aren't as rich as they say they are.