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Dame Dash Says He's Deep In Debt And Close To Losing His Carmel Home

Dame Dash is close to being evicted from his Carmel, New York home and is in mountains of debt.

The once very rich Dame Dash is now fighting to keep a roof over his head, losing more than just power in the rap industry.

According to NY Daily News, Dash claims that his mounting debt has once again reached the footsteps of his home and faces imminent eviction from a rented mansion in suburban Carmel, New York.

In a 5-page report Dash filed on Tuesday the former Roc-A-Fella Records head claims, “I am currently several months behind in paying my personal bills,” he wrote. “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."

Dame Dash lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010, which included $7.3 million left on massive mortgages.

A 2004 split with his former wife Rachel Roy smacked Dash with a $20 million windfall and eventually left the 42-year-old facing hard financial times.

Court records also show that Dash lost numerous lawsuits filed by landlords, fashion designer Charlotte Ronson and a celebrity bodyguard firm.

According to Dash's court filing, he faces possible criminal prosecution for not paying his New Jersey taxes. Documents show Dash also owes more than $2 million in state taxes to New York, and he admits to owing federal income taxes as well.

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Topics : Business_Finance
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Locations : CarmelNew JerseyNew York
People : Charlotte RonsonRachel Roy

05/11/2013 6:18PM
Dame Dash Says He's Deep In Debt And Close To Losing His Carmel Home
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