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Damon Dash's Financial Issues Continue, Judge Orders Seizure Of Mogul's Vehicle printer friendly version Send this story to a friend!
Posted: 11/14/2008 4:25:36 PM by Jaymo

A Manhattan judge has reportedly ordered for the seizure of  a vechicle owned by former Rocafella Records honcho Damon Dash.

According to New York's Daily News, the hip-hop mogul is being sought after for his Chevrolet Tahoe due to missed payments. Issued this week, the claim alleges Dash has not been making the $714.99 monthly payments on the leased truck.

"I've worked with musicians, artists and entertainers that in the eyes of the media are wealthy," attorney Jason Gabbard - a lawyer that repped a fashion firm that settled a suit against Dash for close to $150,000 - told the Daily News. "But to borrow a phrase from my Kentucky homeland, [Dash and his wife, Rachel Roy] haven't got a pot to p*** in, they're broke."

In addition to the car payments, Dash must address $2.1 million in claims from the New York State Department of Taxation and Finance, $4,500 from New York for unpaid workers' compensation and an alleged lawsuit claiming he did not fully pay a law firm that worked on his child-custody case.

He also recently found himself shelling out a settlement case with fashion designer Charlotte Ronson and a security company known for protecting big name celebrities.

"Quite simply, he got behind on his payments and it was necessary to go after him legally," Bronx security rep Mike Zimet told Daily News. "If you do the work, you want to get paid for it." 

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Biographie:
Damon Dash Bio
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Video: Damon Dash's 'Black Roc' Project
DAMON DASH'S 'MR. UNTOUCHABLE' TRAILER

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