More Black Celebs in Money Trouble?
Published by IllPhill August 27th, 2008 in Rap StuffMan we really are in a rescission…
The NY daily post is reporting that former Roc-a-fella front man Dame Dash is about to have one of his New York residences Foreclosed on. the Post is reporting that:
“Eastern Savings Bank has filed suit against entrepreneur Damon Dash, charging the Roc-a-Fella Records co-founder hasn’t made a payment on his $78,504.20-a-month mortgage since January.
“YOU ARE IN DANGER OF LOSING YOUR HOME,” reads the foreclosure action against Dash and wife Rachel Roy.
The $7.3 million mortgage was actually taken on two TriBeCa properties the couple owns, at 25 N. Moore St. and at 79 Laight St.”
IN addition to this foreclosure, Dash also owes the city of New York $2 million in back taxes, and the mortgage suit says he has $100,000 in federal tax liens against his properties. Good Lord, all that time with J I would think that Dame of all people would have his financial straight.
And it’s not just Dame,
A number of sources are reporting the Rapper/producer Swizz beats owes the IRS over 900,000.00 in back taxes…
I guess the only up side to this is it isn’t only black celebs who are going broke…
Dame needs to holla at the donald…
Damn it’s a low down dirty shame that people who had millions are now going broke. So much for his “money ain’t a thang” attitude. He denied going broke earlier this year. But damn the $78,000 a month mortgage, that’s just crazy. I can pay rent and buy groceries for a year with all that money.
I bet he regret every bottle of Christal that he ever bought.