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New York Jets quarterback and convicted dog fighter Michael Vick has reportedly paid down most of the $18 million of debt he owed creditors following his 2007 conviction for running a dog fighting ring in Virginia while he the star quarterback of the Atlanta Falcons. Since returning to the NFL in 2009 with the Philadelphia Eagles and then the Jets, Vick has made more than $49 million and been living off $300k a year, say reports. And while Vick is nearly done paying off his debt, he revealed his favorite Christmas memory... and let slip that he loves playing Madden as hated Jets rival Tom Brady and the New England Patriots Read More »
Lil Wayne's relationship with Cash Money Records just turned sour - fast. Read More »
Looks like Toni Braxton finally realized she can't raise her son's alone. MStars News has learned that the Grammy Award winning singer has finally decided to sue her ex-husband, Keri Lewis for child support. According to Sister 2 Sister, Braxton's ex has been refusing to pay child support for the former couple's two sons, Denim Cole Braxton-Lewis, and Diezel Ky Braxton-Lewis. Read More »
Looks like Toni Braxton finally realized she can't raise her son's alone. MStars News has learned that the Grammy Award winning singer has finally decided to sue her ex-husband, Keri Lewis for child support. According to Sister 2 Sister, Braxton's ex has been refusing to pay child support for the former couple's two sons, Denim Cole Braxton-Lewis, and Diezel Ky Braxton-Lewis. Read More »
"Love & Hip Hop Atlanta" producers just fired Benzino and Althea Heart after the huge brawl with Stevie J and Joseline Hernandez at the reunion show, but now the "Hip Hop Weekly" owner has even more troubles on his hands. According to thejasminebrand.com, the government just slammed the reality star with a tax lien worth more than $5 million! Here is the breakdown by year from the IRS in Georgia of how much he owes: 1997 ($178,397.30), 1998 ($760,867.19), 1999 ($691,828.28), 2000 ($1,3339,844.11), 2001 ($634,281.39), 2002 ($143,7688), 2003 ($19,969.91), 2004 ($12,975.36), 2005 ($87,366.32) and 2008 ($18,470.64). This comes to a whopping $5,181,788.50! Here are the court documents. The magazine mogul has had issues with the IRS in the past. In 2005, he was charged by the government for not filing tax returns for 1999 and 2000. Not only that, they alleged he didn't inform them about the $1.5 million he made during those years. Luckily for him, he was found not guilty of the charges against him. Read More »
'Real Housewives of New Jersey' star Teresa Giudice's money troubles are getting worse and worse with the news she had to get a loan from the gelato company she was going to partner with for an ice cream bar line. Read More »
Ready for another crazy rumor infiltrating the world of hip-hop? According to the infamous gossip webloid MediaTakeOut.com, rapper Lil Wayne's well-established industry label Young Money/Cash Money Records is preparing to file for bankruptcy VERY soon. Apparently, Weezy is currently under "extreme financial distress." Read More »
'Real Housewives of New Jersey' star Teresa Giudice is having her business ventures collapse right before her eyes ever since she was sentenced to prison. Read More »
Rihanna is speaking out telling all that her accountant made so many wrong decisions that he wasted her fortune and she was "effectively bankrupt" at the end of 2009. Read More »
Phoenix's synth-heavy latest Bankrupt! is riding high on the success of singles "Entertainment" and "Trying To Be Cool." Well, the latter single finally has an equally great music video to go along with the danceable summer jam. Read More »
The popular R&B singer/songwriter and Grammy Award winner Toni Braxton filed for bankruptcy back in June 2010, claiming that she owed between $10-50 million in debts. Now, reports have it that Braxton fraudulently transferred her estranged husband Keri Lewis a whopping $53,490 in order to avoid paying back debt creditors. TMZ reports that Braxton's bankruptcy trustee is currently suing Lewis to get back the money that rightfully belongs to the creditors. Read More »
