Ivy Condo Association says between him bouncing checks and racking up over $12.5K in unpaid fees they’ve had enough — they filed a lien in November, and asked the court to foreclose on the rap mogul right before Christmas. Yo, bah humbug! Financial woes are stacking up for the Cash Money honcho — a reported $1.9 million federal tax lien, a $1 mil lien from a construction company … plus, he took out a $5M loan against his mega-mansion in April, just to pimp it out. (TMZ)
By KINGSMEN
'KINGSMEN' -Atlanta's Photographer|Videographer|Blogger|Editor
cash money has one of those distribution deals that artist will never see again! baby keeps so much of the profit off c.d. sales and owns masters! I don’t know how the heck he could of blew through all that $$$
he should have plenty of $$$. he has one of the best distribution deals ever. maybe all that spending is killing it but I can’t see him going through 100 million. a lot of cats lie about money but I believe baby really had 100 mil
Floss way too much! Plus what goes up must come down! True fact!
Drug use, not managing what you have, poor investments and only 2 artist on the label making a “profit”
Yes its deeper then what we see. Just like all else it comes out in the end.
he still should have plenty of money unless it’s smoke n mirrors! here is that 100 million??? plus he resign money??? something is not right
He’s gonna have to put his other artist out there for some overtime work to make some $..LOL especially since Wayne ain’t budging
All that flogging.
I’ve been telling people for the last few months that som stuff is coming out of this wayne beef! I’ve had some connected folks complain about $$$ from Cash Money!! O_O
Poor mismanagement of $…SMH