Fat Joe is currently in some hot water with the law.  According to reports from TMZ, the 42-year-old rapper recently pleaded guilty to around $700,000 of income tax evasion from the years 2007 and 2008. The Bronx rapper pleaded guilty this morning in federal court in New Jersey and had to pay a $250k bond to be freed from custody.  His sentencing hearing is in April and he is currently facing up to two years in prison.

Hopefully Fat Joe won't have to serve time.

Source: tmz.com