TAG: BANKRUPTCY

IRS CLEANS OUT TORI SPELLING AND DEAN MCDERMOTT BANK ACCOUNTS

The IRS (Internal Revenue Service) does not play around, even when you are the famous daughter of a multi-millionaire. Documents show that both Tori and Dean's bank account where cleaned out this week, after the IRS filed a garnishment order to the couples banks. In total, close to a million bucks in cash was seized. The couple has been fighting with bill collectors now for many years, and sources inside the couples camp are claiming their debt is somewhere in the area of $6M. Many have been wondering why the IRS has not just put the couple in jail after all these...

50 CENT DROPS MEGA LAWSUIT ON LAWYERS THAT LOST SEX TAPE CASE!

Uh oh! rapper 50 Cent is all kinds of pissed off after losing the Lastonia Leviston sex tape video case. The case was lost in 2015 after a judge awarded Lastonia $7M for damages, after 50 had uploaded her sex tape to piss off rival Rick Ross (her baby daddy). If you remember, 50 then claimed he was broke immediately after losing the case, however the judge (Ann Nevins) was not listening anymore after 50 was busted yet again flaunting his cash. Fast forward to now, and 50 filed a claim to the U.S Bankruptcy court in Connecticut stating that 50 believes...

GAWKER MEDIA TO CLOSE DOORS NEXT WEEK PERMANENTLY AFTER HULK HOGAN SEX TAPE LAW SUIT BREAKS THE COMPANY

Wow! Never thought we would see this, but Gawker Media has decided to shut down its website next week permanently, after the company went belly up from the Hulk Hogan sex tape law suit loss. https://t.co/yE7pAOS19e to end operations next week: https://t.co/LnvG0ZmD9I— Gawker (@Gawker) August 18, 2016 There is several in the industry, including Gawker employees that said they knew what they where doing when they posted the real Hulk Hogan sex tape on their website. The only problem is that, they used their own servers to house the tapes and not a server outside of the US, which was a...

HULK HOGAN WINS $115M IN SEX TAPE LAWSUIT: GAWKER TO FILE FOR BANKRUPTCY PROTECTION IF APPEAL FAILS!

The jury is in and Hulk Hogan has been awarded a whopping $115M... $55 million for economic injuries and $60 million for emotional distress in the invasion of privacy suit against Gawker Media for originally posting the Hulk Hogan leaked sex tape video. It took 4 women and 2 men just 6 hours to come to the decision that Gawker was in the wrong for posting the tape to the public and believed that Gawker knew their actions would cause a lawsuit. Founder Nick Denton and his attorneys went into the suit with high hopes after a previous win in...

JUDGE ANN NEVINS REQUESTS 50CENT TO GET HIS A** BACK IN COURT AFTER INSTAGRAM POSTS

Uh Oh, the judge in 50Cents bankruptsy case is requesting the rapper come see her again to go over financials, as she is questioning what is on the paperwork. Judge Ann Nevins had caught wind of the cash bragging Instagram posts that we had reported on earlier and now she has "some doubts" about the rappers financial statements. 50cent if you are unaware filed for chapter 11 bankruptcy protection after losing his legal battle over Rick Ross's baby mama sex tape that he leaked to the web in an effort to dogg on his music industry enemy Rick Ross. The...

50CENT PLEADS WITH JUDGE TO LOWER THE LASTONIA LEVISTON SEX TAPE JUDGMENT OF $7M

50cent seems to be in the news about his finances every day with his judgement by the court to pay Lastonia Leviston over $7M after "leaking" her sex tape to try and piss of rapper Rick Ross. Now the rapper is asking the judge to lower the amount owed to Rick Ross's baby mamma to just $1.6M, however Lastonia's attorneys ain't having that s**t. “Never in the history of this state, or this country, has a celebrity unleashed such a malicious and humiliating campaign against a private citizen,” said Leviston attorney Brian Isaac. We doubt very seriously that the judge is...

DANCE MOMS ABBY LEE MILLER BUSTED IN BANKRUPTCY FRAUD

Oops... Abby Miller is in a bit of financial trouble after being indicted for bankruptcy fraud by United States Attorney David J. Hickton of the Western District of Pennsylvania. The extensive indictment shows concealment of bankruptcy assets and false bankruptcy declarations and now the IRS is also investigating the Lifetime high strung Dance Mom. According to reports Abby was hiding as much money from the feds as possible to the tune of $755,492.85. If convicted on just the bankruptcy fraud charges she is looking at 5 years in prison and 250k in fines. This does not include what the IRS investigation may uncover adding even...

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