Tag Archives: 000

‪Hip-Hop 101: How To Sell 1 Million Albums & Owe $500,000!‬‏

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Arm yourself with quick negotiation topics for any major label recording contract.

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The $1,000,000 2013 Bugatti Galibier Unveiled!

Were you wondering what to do with that spare $1.4Million you had laying around? Well, if you were, here’s your answer. Volkswagen AG, the parent company of Bugatti , Lamborghini and Bentley has just green lighted the financial backing for a very ambitious project which will add a 4 door sector to the super-exotic car world with the newly unveiled Bugatti Galibier. The performance statistics on this $1,000,000+ machine are nearly as impressive as the extraordinary price tag. The French built 16 cylinder, dual supercharged engine provides the Galibier with a whopping 1,000hp, all while being able to run on either gasoline or flex-fuels.
The jewel of an engine is paired with an 8-speed automatic transmission and no less then 8 exhaust pipes at the rear, that’s right eight exhaust pipes at the rear. To compensate for the weight gain from the extra doors and performance, Bugatti has made most of the body out of hand laid carbon fiber, with only the front arches and doors constructed of aluminum. The exterior of the million dollar gem is a two tone scheme of brilliance. With a midnight blue base color and chrome overlays, the Bugatti looks unlike any vehicle ever driven off a production line. However, the attention to brilliance does not stop at the performance and exterior of the car. Much attention has been given to the occupants of the Galibier, including a removable timepiece made by Swiss watchmaker, Parmigiani.
Wolfgang Duerheimer, the former development chief at Porsche AG who took over as head of Bugatti and Bentley in February, has been pushing VW managers to approve production of the Galibier since taking charge, the two people said. Bugatti, which makes about 50 cars a year, has introduced two derivatives of the Veyron since 2008, the Grand Sport and Super Sport models. The Super Sport is the world’s fastest production car, with a top speed of 268 miles per hour. The name Galibier stems from one of France’s most difficult Alpine passes featured in the Tour de France bicycle race and also served as name for an earlier four-door variant called Type 57.
Production of the Galibier 16C is due to start in 2013, one year after the Veyron’s production run is supposed to end. The production numbers and cost will make this the must have vehicle for the upper classes and will add a new strata to the luxury car market.

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Lamar Johnson Bought $750,000 Worth Of His Own Music w/ Stolen Credit Cards!

 

UK teen Lamar Johnson was determined to make something of his music career, so much so that he used stolen credit cards to make £500,000  in royalties by purchasing his own songs.

The 19-year old spent the cash on music he posted on iTunes and Amazon to buy his own songs totaling $750,000 and is the youngest of a group of 19 men who allegeldy spent cash on the fraud downloads.

The men reportedly downloaded the songs 6,000 times between January 2008 and June 2009.

Johnson took responsibility for 2,000 of the mp3s, and is currently serving five years in prison for the crime. No pleas were given however to the remaining men.

Leon Miles, 20, of Wolverhampton; Sheehan Steele, 42, of Birmingham and Matthew Clarke, 31, Birmingham are facing fraud charges.

James Batchelor, 28, of Derby; Rajan Aheer, 21, of  Wolverhampton and Sandeep Aheer, 23, of  Wolverhampton are facing accusations as well.

Colton Johnson, 20, and Denver White, 25, both of Wolverhampton are also facing consequences of the crime.

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Katt Williams Ordered To Pay $577,000!

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TMZ now reports that when the men faced off in court recently, the judge ruled in Powers’ favor and ordered Katt to pay the man a whopping $577k.

Katt Williams has been ordered by a judge to pay more than $500,000 to a man who claims that the comedian commanded his dog to attack his pet when he asked him for an unpaid debt.

Producer Merion Joseph Powers sued Katt after he racked up a $28,000 bill in his studio, but refused to pay it.

Powers filed legal papers saying that when he pressed Williams for the money, Katt paid him a visit with his attack dog in tow.
According to court documents, Powers alleges that Katt gave his dog a “verbal attack signal” to go after his animal leaving it with “substantial and nearly life-threatening injuries.”

Calls to Katt’s reps were not returned.

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School Nun Embezzles $850,000 Dollars!

 

One Catholic nun might have to say a few more Hail Marys after federal prosecutors say she embezzled $850,000 from a suburban New York City college and gambled it away in Atlantic City!

(FOX)–A Catholic nun broke one of the Ten Commandments by embezzling $850,000 from a suburban New York City college and gambling it away in Atlantic City, according to federal prosecutors.

As chief financial officer at Iona College in New Rochelle, N.Y. from 1999 to 2009, Sister Marie Thornton, 62, bet her six-figure income and school money away during frequent trips to Atlantic City, federal prosecutors said.

Thornton was arrested Thursday and pleaded not guilty in federal court in Manhattan. She was released without posting bail.

Sources confirmed to MyFoxNY that a former Iona basketball coach has said that Sister Marie definitely had a gambling problem.

Students, who pay $28,000 a year for tuition, shook their heads at the thought of a nun violating one of the holy Ten Commandments.

The indictment charges she turned in fake bills and used her college credit card to steal money.
A statement on the Iona College website clarifies that Iona College was not indicted, but rather a former employee.

The statement also says that Iona College has gotten the most of the money back, though sources say insurance repaid the money, not sister Marie, who bet all her money on black.

When Iona fired Sister Marie last year, it publicly said she left for medical reasons. The college also never asked law enforcement to investigate. It only came out after Iona filed losses in its income tax return.

Sources say Sister Marie is cloistered at the Sisters for St. Joseph Order, near Philadelphia. Part of its mission statement is “to raise consciousness about all forms of poverty.”

Sister Marie faces 10 years in prison if convicted, but her lawyer said he expects a resolution fair to all parties.

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Scammer Gets Scammed For $800,000!

 

Reports the NY Post:

A Hong Kong businessman, traveling by private jet to Teterboro Airport in New Jersey, was picked up by a car-service driver and taken to the city for a 13-mile trip — that wound up costing him nearly $800,000. Brooklyn federal prosecutors say that megamillionaire feng shui master Tony Chan paid for the trip with his American Express card — and that car-service driver Peter Rahhaoui, of Flushing, Queens, then used the card number to rack up thousands of dollars in charges over the next few months. Amazingly, the controversial Chan is so rich that he didn’t even realize he was being bilked, records show.

Funny enough Chan just happened to get arrested in Hong Kong shortly after the suspect, for allegedly forging some billionaire’s will.

He was too busy scamming to notice the scammer???

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Michael Jordon’s Son, Marcus Being Investigated By Nevada Gaming Control Board For Spending $35,000!


If you’ve ever worried about what your child is posting on Twitter, be thankful your last name isn’t Jordan.

Norm Clarke of the Las Vegas Review-Journal is reporting that the Nevada Gaming Control Board is investigating Marcus Jordan, the underage son of hoops legend Michael Jordan, for tweets he made about a wild night at a Vegas nightclub.

Marcus, a 19-year-old sophomore guard for Central Florida, tweeted that he spent $35,000 in one evening at Haze, a nightclub at the Aria Hotel and Casino.


Marcus was in town for his father’s fantasy camp. He spoke for the first time about the tweet (which was later removed from his Twitter account), telling FOXSports.com senior college basketball writer Jeff Goodman on Wednesday that he made a “mistake.

I didn’t mean it the way it came across,” Marcus Jordan said then. “My family and friends know the type of person I am.”

However, the tweet did prompt a phone call from both Michael Jordan and his ex-wife, Juanita.

I had conversations with both my parents,” Marcus added.

As for his allowance?

I’m still good,” he laughed.

Clarke tweeted on Friday that “The Nevada Gaming Control Board just confirmed to me it was contacted by MGM International RE Michael jordan’s underage son.”


He continued in a later post: “Board member Randall Sayre said MGM Intl is in the early stages of an inquiry to see ‘where the system broke down.’”

Source: MSNFoxSports

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Brandy Sued For $6,000,000 For Breach Of Contract

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Brandy seems to be another who trouble has decided to follow as of recent. Marc Mysterio of Joia Records is suing the singer for $6 million for breach of contract. According to the suit Brandy backed out of appearing on Mr. Mysterio’s lead single “Shout it Out” for his upcoming album Redemption. The suit was filed in a Los Angeles Superior Court and Marc’s attorney is confident they will win because a signed contract was in place. Signed contract aside there is also footage recorded of the two talking for a VH1 show. Marc was put in touch with Brandy via Timbaland which is how they met and discussed the collabo. Allegedly Brandy’s camp received a check for $10,000 but then never sent over the vocals.

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Cleveland Cavs Owner Dan Gilbert Fined $100,000

After making some pretty harsh comments about LeBron James after he left his team, NBA owner Dan Gilbert was fined $100,000 on Monday by NBA Commissioner David Stern for comments he said were a little “extreme”. But fans in Cleveland love Dan so much for standing up for the city they’re actually coming forward and offering to help him pay his fine.  Here’s hopefully the last time we’ll hear him talking about this:

“The humbling offer by so many is another reflection of the strength of Cavs fans and the people who live and work in this region and are always the first to step up and have each other’s back.  I will pay this fine myself, but would be grateful and highly appreciative for any fan who redirects the dollars they kindly offered to contribute towards this fine to the Cavaliers Youth Fund, which will positively impact our region’s kids through the numerous local charitable groups the Cavaliers Youth Fund supports.”

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Fat Joe Is Delinquent w/ Taxes & Default Loans In Excess Of $200,000


Fat Joe might want to cut down on the extra servings and fast food. The tax man has come to holla at him.

The Detroit News is reporting the rapper is $139,000 in the hole for delinquent state and federal taxes.

In addition Joe defaulted on a $250,000 mortgage he took out on his Florida crib. SunTrust Bank sued Joey Crack in January and won a default judgement of $71,611.00.

What else is owed according to the Detroit News:

The state of New Jersey filed a $2,200 tax lien against Fat Joe and his Terror Squad Productions Inc. on March 18 in New Jersey State Superior Court.

The IRS filed a $31,987 tax lien against Fat Joe on Feb. 2 with the Mercer County (N.J.) Clerk.

The state of New Jersey filed a $105,000 tax lien against Fat Joe and Terror Squad on Aug. 14, 2008, in New Jersey State Superior Court.

By:@ChasinMoPaper

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Tyra Banks Rockin’ A $10,000,000 Bra!

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Dem Franchize Boys Burns $100,000

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Rappers Jon Geezy & Parlae (Dem
Franchize Boys) decided to show
everyone in the world that they had
money to blow by not only burning
$100,000, but also putting it on
YouTube for the whole world to see.
Not only is this highly illegal,
but it might also be the dumbest
thing anyone has ever done with
$100-thousand dollars.

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Nelly Offers $10,000 For Assailant’s Arrest…

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Following the burglary in his St. Louis mansion, the rapper offers a cash reward for information leading to the arrest of the housebreaker.

Rapper Nelly has offered up a $10,000 reward for information leading to the arrest of the assailant who broke into his Missouri home in earlier December. Police were called to the “Dilemma” hitmaker’s St. Louis mansion in the early hours of December 11, after a man was spotted “fleeing” from the residence by a female staying at the house.

Sniffer dogs and a helicopter unit patrolled the area around the property but no one was caught. Nelly, who was not present at the time of the incident, reported a number of electronics and other items missing, and he’s now appealing to locals for help in identifying the male, thought to be in his 20s or 30s. Anyone with information about the burglary has been urged to contact the police.

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Pitbull Gets Sued For $80,000

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Pitbull may be finding himself in legal trouble once again as a canceled show in California has landed the Miami rapper with a lawsuit.

Set to take place in Cudahy, it was reported that El Potrero Night Club was responsible for the suit as they have made allegations that the Latin rapper was a no-show during a concert that took place back in May.

Legal action was taken by the club when they filed the paperwork in L.A. County Superior Court.

El Potrero is looking to be awarded $80,000 in damages due to the rapper not showing for his scheduled appearance.

According to the night club, they had paid the rapper in advance with $28,000, but on the day that he was actually set to perform, he ditched out after complaining about the sound equipment for the event.

The suit states that he left four hours before the show commenced.

This would not be the first time that the rapper has found himself in hot water.  Back in April, during a performance in Aspen, Colorado, a fan tossed money on Pitbull when he was pulled on stage which resulted in Pit knocking the fan out with a right hand to the face.

In related news, and more of a positive note, the rapper along with T-Pain and Jimmy Buffett were reportedly asked to collaborate to develop a new fight song for the NFL’s Miami Dolphins.

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Arnold Schwarzenegger Owes $80,000 In Taxes

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What is it with politicians and not paying their taxes?

The Internal Revenue Service has filed a federal tax lien against Gov. Arnold Schwarzenegger for nearly $80,000, public records show.

The lien was filed May 11 at the Los Angeles County recorder’s office for $79,064, according to a record in an electronic database that includes lien filings. The record does not indicate what property the lien was placed on, but it lists the debtor asArnold Schwarzenegger with the governor’s home address in Brentwood.

The lien was reported this morning by TMZ.com, which posted a copy of a lien document that says it is from the county recorder’s office. That document shows that Schwarzenegger owes $39,047.20 from 2004 and $40,016.80 from 2005. The document also lists a section of the IRS code that suggests the debt may be penalties for a failure to report certain business transactions.

Schwarzenegger’s spokesman, Aaron McLear, said in a statement that the “governor has paid his taxes in full and on time.”

“No one, including the IRS, has notified the governor of any issues whatsoever with his taxes,” McLear said. “We are contacting the IRS to determine ifthe document in question, which appears to be a penalty for missing info and not for unpaid taxes, is legitimate and if there is any discrepancy to resolve.”

Seems a little odd that the IRS would jump straight to filing a lien against Governor Schwarzenegger without ever having sent him a notification.  But then again, we are talking about the IRS.  Not exactly a model of efficiency and competency.

Regardless, shouldn’t the number of high-profile politicians and bureaucrats who have been caught over the last year or so with unpaid taxes be indicative of the dire need for tax reform?  If our tax code is so bloody complicated not even the affluent political class – not even many of the people involved with writing and enforcing the tax code – can follow it, why should the average citizen be expected to be able to follow it?

We need simpler taxation.  The problem is with a simpler tax code it’s easier for citizens to understand how much they’re paying in taxes.  And if citizens begin to understand how much they pay in taxes (instead of just focusing on their refunds) you’d see a whole lot more opposition to some of this government spending.

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