Lamar Odom Accused of Charity Fraud

Posted by Andru Edwards Categories: Sports, Charity, Rumors,

Khloe Kardashian and Lamar OdomLamar Odom has been accused of failing to donate money raised through his charity to cancer research.

The LA Clippers star - who has been married to reality TV star and X Factor host Khloe Kardashian for three years - is facing allegations that none of the money raised through his foundation Cathy's Kids, which was named after his late mother who died from cancer when he was 12, has been donated to help fight cancer.

According to official records, obtained by ESPN's Outside the Lines, there is no evidence that any of the $2.2 million raised through Lamar's organization, which was set up with the intention of raising money for underprivileged kids in New York and LA and for cancer research, went to a cancer charity. But the basketball star's tax records show that $1.3 million of the total amount was used to fund two "elite" basketball teams for young people, who reportedly were good enough to already be on the radar of colleges for scholarships and other financial help. There is allegedly no evidence of where the remaining $900,000 went.

Click to continue reading Lamar Odom Accused of Charity Fraud


Advertisement

Mary J. Blige Owes $900,000 in Taxes

Posted by Andru Edwards Categories: Music, Legal Issues,

Mary J. BligeMary J. Blige has been slapped with a huge tax bill. The 42-year-old singer - who was sued earlier this month for allegedly defaulting on a $500,000 bank loan - owes $901,769.65 to the State of New Jersey.

According to documents seen by gossip website TMZ.com, the 'No More Drama' singer owes the huge sum in back taxes and it is the latest in a string of financial problems for the star. A lawsuit filed by Bank of America in New York State Supreme Court earlier this month accused her of failing to make re-payments on a $500,000 loan she took out in 2005 since June 2012.

In another lawsuit filed last November, the singer and her husband, Martin Isaacs were also accused of defaulting on a $2.2 million loan from Manhattan's Signature Bank. The financial institution is seeking the full loan amount, which was taken out in October 2011 and due to be paid back by July 2012, along with $58,000 in interest.

The "Family Affair" singer's production company, Mary Jane Productions Inc., was also named in the lawsuit.

Click to continue reading Mary J. Blige Owes $900,000 in Taxes


Helio Castroneves Indicted for Tax Evasion

Posted by Veronica Santiago Categories: Sports, Television, Legal Issues,

Helio CastronevesUPDATE: Castroneves was acquitted on six counts of tax evasion. A mistrial was declared on the seventh count.

Have we learned nothing from Richard Hatch and Wesley Snipes?

, the former winner of Dancing with the Stars, was indicted today for federal tax evasion. According to the indictment obtained in Miami, the 33-year-old underpaid the government between 1999-2004.

Helio, along with along with his sister (Katiucia Castroneves) and lawyer, are currently being accused of hiding over $5 million of the race car driver’s earnings. The trio allegedly tried “to conceal and disguise the true and correct amount”  by using an offshore Panamanian shell corporation. Each defendant faces charges of conspiracy “for the purpose of impeding, impairing, obstructing, and defeating the lawful government functions of the Internal Revenue Service.”

According to the Miami Herald, all three are expected to appear in federal court tomorrow morning. Convictions on all counts could equate to approximately 30 years in prison per person.

Read More |

Miami Herald

via

E! Online


Donald Trump Comments on Romance…Just Not His Own

Posted by K.C. Morgan Categories: Movies, Break-ups,

Donald TrumpRomantic relationships are a private, personal affair. Unless, of course, you’re a celebrity. Then, you (and your broken heart) are just media fodder. And might just cash in on the publicity action, too.

The famed tycoon unleashed a string of comments to the press on the subject of Get Smart star and her headline-grabbing breakup from four-year romantic partner Raffeallo Follieri. Follieri, who lives in Trump Tower, was recently arrested for fraud. If that wasn’t bad enough, he was also ditched by his brunette gal pal. But don’t worry - Follieri has a friend in Trump.

“She hasn’t remained very loyal to him, has she?” Trump posed the question to Access Hollywood. “So when he had plenty of money, she liked him, but then after that, not as good, right?”

Even while The Donald bashed the Hollywood star, he had some positive comments on Follieri (whose bail is set at a staggering multi-million dollar sum). “I’ve heard he’s very nice.” Well, then, it must be true! “According to the help, no problems.” Did Donald Trump just honestly refer to his employees as “the help” - is anyone else taken aback by this?

Read More |

Advertisement

{solspace:toolbar}