Showing posts with label Damon Dash. Show all posts
Showing posts with label Damon Dash. Show all posts

Saturday, 11 May 2013

Damon Dash Struggling To Keep Roof Over His Head, Facing Eviction With Millions Owed In Taxes And Lawsuits...

Hip-hop mogul Damon Dash is so deeply in debt that he claims in court documents he faces imminent eviction from a rented mansion in suburban Carmel, N.Y.
“I am currently several months behind in paying my personal bills,” he wrote Tuesday in the 5-page filing. “For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted.”
Dash lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010, with $7.3 million left on the massive mortgages.
An acrimonious 2004 split with his old pal initially netted Dash a $20 million windfall — but eventually left the 42-year-old facing hard financial times. Failed business deals, huge tax debts and repeated legal battles quickly left his deep pockets almost empty.
Court records show Dash lost a slew of lawsuits filed by landlords, fashion designer Charlotte Ronson and a celebrity bodyguard firm.