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The Game ordered to pay $5 million to police officers

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It’s costly to act a fool. In Game’s case, it’s extremely costly to do so. Stemming from an incident that occurred in October 2005, a recent ruling by a North Carolina judge will be sure to bring the hip hop artist’s finances to his knees. MTV reports the details: On Tuesday, a North Carolina appeals [...]

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Fabolous Spends 45,000 on Bottle Service in Club

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Fabulous took a big “L” recently. During the third weekend in February, Fabulous purchased a whopping 120 bottles of Rosé Moët for a friend’s birthday in a club in Atlanta. The estimated price tag was $45,000. Nevermind the fact that the money could be used to start a trust fund for his children, be put [...]

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Birdman Buys Three New Cars

If you’re a luxury car dealership, and you aren’t extending VIP membership offerings to Birdman’s phone and e-mail, then you’re losing out on millions on a yearly basis. At this point, it’s very clear that Birdman likes to drop a million or more on rides annually. Why is it so? He notes in the video [...]

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Lil Kim is a Debt Millionaire

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Unfortunately, the closest Lil Kim’s name will ever get to the word “millionaire” is in relation to her debt with the IRS. Now the female rap artist stands to forever taint her legacy and be remembered as the former rap artist in monumental amounts of debt. We’re not just talking about sudden debt here either. [...]

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Bow Wow Headed to Jail Over Debt

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A judge in Georgia is fed up with Bow Wow. Like the Tennessee-based tour bus company who has been seeking $100,000 for services rendered, the court cannot get Bow Wow to comply. In 2009, a judge ordered that Bow Wow pay back the money owed. That quickly led to nowhere, and the company decided to [...]

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Young Buck Faces Losing Assets and His Trademarked Name in Bankruptcy

Young Buck has been dealing with a sad state of affairs since leaving G-Unit in 2008. Unable to satisfy his debts, he filed for bankruptcy in the fall of last year. As 2012 rolls around, it appears that nothing has changed. The hip hop artist is still facing bankruptcy. What might be changing is the [...]

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The Ten Most Captivating Posts of 2011

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Happy New Year! It’s the year of the Dragon, and there’s endless potential for greatness in the financial journey. Let’s face it, whatever we had going on in 2011 could and should be better for the new year. Last year was filled to the brim with protests, civil unrests, revolutions, bankruptcies, foreclosures, tax evasions, divorces, [...]

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Could Kobe Bryants Cheating Cost Him Half His Fortune?

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Kobe will certainly earn himself a spot in the NBA Hall-of-Fame, but it looks like he will soon be a member of another prestigious group holding esteemed individuals like Michael Jordan, Tiger Woods, Bob Johnson, and countless others. The only problem is that it’s a club for men who have lost significant assets to their [...]

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