The concert promoter who says he was taken hostage at gunpoint and held for ransom -- all because Nas was a no-show for a gig -- is now suing the rapper for $10 MILLION.
Patrick Allocco says he was kidnapped in December 2011 in Angola because Nas failed to show up for a New Year's Eve concert after taking a $300,000 pay day.
Allocco says he was held as ransom…
ContinueAdded by WORLD WRAP FEDERATION on December 22, 2012 at 12:47pm — No Comments
When the tax man is on your case, it’s good to have money. A LOT of money. Just ask Lil Wayne.
The lil’ feller paid off back IRS taxes for a total $7.72 million. According to court filings, the tatted out chart-topping singer of Got Money and Lolli Pop became the target of not just one but THREE liens for unpaid income levy.
The rapper owed $3,351,077.95 for…
ContinueAdded by WORLD WRAP FEDERATION on December 17, 2012 at 11:22am — No Comments
Beyonce is expanding her business horizons with a fresh deal with Pepsi which is estimated at $50 million. The campaign is not just targeted at TV ads but also videos, live events, print ads and even a limited edition can with her face on it. The singer will be also performing at the Pepsi-sponsored Super Bowl halftime show on February 3rd, 2013 which is being seen a…
ContinueAdded by WORLD WRAP FEDERATION on December 10, 2012 at 12:04pm — No Comments
Added by WORLD WRAP FEDERATION on December 5, 2012 at 1:09pm — No Comments
Want to feel like Neptune — or at least a former member of the Neptunes?
Rapper and producer Pharrell Williams has listed his three-floor Miami penthouse for $16.8 million with the real estate group The Jills, who handle high-end South Florida properties.
Williams bought the pad in 2007…
ContinueAdded by WORLD WRAP FEDERATION on December 4, 2012 at 8:52pm — No Comments
R&B star Mary J. Blige was hit with a lawsuit on Wednesday alleging the Grammy winner and her husband defaulted on a $2.2 million bank loan.
According to court documents filed in New York State Supreme Court in Manhattan, Signature Bank is seeking to recoup the original loan plus $58,000 in interest.
Blige, 41, who has sold more than 50 million albums…
ContinueAdded by WORLD WRAP FEDERATION on November 29, 2012 at 11:47am — No Comments
Added by WORLD WRAP FEDERATION on November 23, 2012 at 12:51pm — No Comments
Music mogul David Geffen has broken a record.
For the price of a Manhattan co-op that is.
The co-founder of Asylum Records and DreamWorks just closed on a $54 million duplex penthouse on the upper East Side owned by songwriter and socialite Denise Rich, real estate insiders say.
The Brooklyn-born Geffen already owns an apartment in the same building, 785…
ContinueAdded by WORLD WRAP FEDERATION on November 17, 2012 at 10:08am — No Comments
More legal trouble for Katt Williams -- the comic has just been sued for $5 million after allegedly socking his female assistant .... and causing her permanent injuries.
Melissa Ishage filed the lawsuit in L.A. County Superior Court, claiming she'd been working as Katt's personal assistant -- but on October 6th, things suddenly went sour at Katt's house ... when Katt…
ContinueAdded by WORLD WRAP FEDERATION on November 10, 2012 at 12:40pm — No Comments
You know he did this for the check. Perhaps to pay that $50k/month check to Kelis. Or that $6 million dollar check that he reportedly owes to the IRS.
Can't knock a ni**a hustle!
Even if it's The Gap…
Added by WORLD WRAP FEDERATION on November 8, 2012 at 2:00pm — No Comments
The ongoing Twitter dispute between aspiring Boxing promoter 50 Cent and Floyd Mayweather has just got a little more interesting as Billionaire Mark Cuban has found a way to settle the matter; Get in the ring and box it out.
The Dallas Mavericks owner who is in Portland for an upcoming game with the Blazers has reportedly offered $1 Million to 50 Cent to get in the…
ContinueAdded by WORLD WRAP FEDERATION on November 5, 2012 at 1:22pm — No Comments
Don't mess with American Express -- that's the lesson for hip-hop mega-producer Sean Garrett, who was just ordered to fork over $108,084 to the credit card company.
Amex sued Garrett -- who's banged out hits with Beyonce, Usher, and Nicki Minaj -- claiming he never paid off the hefty tab on his card.
Amex filed a motion for default judgment last month --…
ContinueAdded by WORLD WRAP FEDERATION on October 28, 2012 at 3:23pm — No Comments
Bobbi Kristina's grandmother Cissy Houston has BACKED OFF her attempt to keep Whitney Houston's money from Bobbi Kristina for years -- we found out Cissy has settled her beef with BK.
Cissy and Pat Houston (co-executors of Whitney's estate) ... had filed legal papers hoping to drastically change the way Whitney's fortune would be paid out to 18-year-old Bobbi ..…
ContinueAdded by WORLD WRAP FEDERATION on October 28, 2012 at 2:42pm — No Comments
Added by WORLD WRAP FEDERATION on October 14, 2012 at 2:13pm — No Comments
#Salute to Young Jeezy. He just recieved a plaque for 5 million recods sold worldwide!
The snowman done came up
Here's pics of Jeezy…
Added by WORLD WRAP FEDERATION on September 29, 2012 at 4:00pm — No Comments
Rapper Flo Rida has been slapped with a tax bill of more than $1 million.
The Wild Ones hitmaker, whose real name is Tramar Dillard, is accused of falling behind on payments to the IRS for money earned in 2009 and a tax lien was filed against him in a Miami-Dade County court in Florida on September 7.
The hip-hop star's lawyer, Reginald Mathis, insists the matter is…
Added by WORLD WRAP FEDERATION on September 28, 2012 at 9:11am — No Comments
After winning a $1.05 billion verdict against Samsung for alleged trade dress dilution and patent infringement, Apple has filed a motion with the presiding judge of the tech world's biggest trial requesting a massive increase in the initial jury award.
An additional $707 million has been tallied up by Apple's lawyers as being due to the company, and unfortunately,…
Added by WORLD WRAP FEDERATION on September 23, 2012 at 1:03pm — No Comments
NBC’s “The Voice” beat Fox’s premiere episode of “X Factor” during the Wednesday 8 p.m. hour when they went head-to-head.
“The Voice” had 10.7 million viewers to 8.5 million for “X Factor.” They tied among viewers 18 to 49, the ones networks really want.
Equally significant, both shows dropped considerably from last year, falling about 40% among the 18-to-49…
ContinueAdded by WORLD WRAP FEDERATION on September 15, 2012 at 12:41pm — No Comments
R. Kelly has a "put it on my tab" approach to his taxes, his ever-expanding tax bill has just increased by more than a million bucks.
According to documents filed in Illinois, the "Trapped in the Closet" singer owes Uncle Sam a cool $1,379,695.11 for unpaid taxes for the year 2011.
Kelly already owes $4,848,072.71 in unpaid taxes for the years 2005-2010. That…
ContinueAdded by WORLD WRAP FEDERATION on September 9, 2012 at 12:35pm — No Comments
12 Million records sold from Dazed One on Vimeo.
DJ Khaled Recieves A Plaque From Birdman For 12 Million Singles Sold…
ContinueAdded by WORLD WRAP FEDERATION on August 27, 2012 at 1:06pm — No Comments
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