R. Kelly Owes $2.9 Million To The Bank For Loan Taken Out On Home!

It’s your boy Kelz again, in some hot water, AGAIN. The longtime musician has not had enough bad things happen in his life to the point where he’d figure that he would get his s**t in order. Or maybe, he just doesn’t give a damn. This time, a debt to the tune of $2.9 million might straighten him up. Details after the jump.


NFL: Vince Young’s Possessions To Be Auctioned

Damn, this has got to hurt.  I want to feel bad for the guy, but I just don’t know how someone can be so reckless with their money.  Vince Young will have some of his possessions auctioned off in order to pay back a $1.7 million loan.  I hope those of you with money are learning from some of these athletes’s mistakes. Details after the jump…


Damn Shame! Jermaine Dupri Will Soon Lose So So Def?!

After not too long ago celebrating 20 years of So So Def’s talent, JD may lose, well…EVERYTHING! Drop down bottom to get the details.


NFL: Low On Money, But Vince Young Got A Loan For How Much To Throw His Birthday Party?!

I’m not one to count people’s pockets, but I do find it interesting how athletes spend their money. People never learn. Give me one million dollars and watch what I turn that into! They should make all past, present & future athletes watch ESPN’s 30 for 30 “Broke” documentary. SMH. Apparently Vince Young took out a loan so he could throw himself a birthday party. Problem was that he was near broke and wanted to take out a large amount. Check out the details after the jump…


Lights Over Paris Frontman Robert Mawhinney Charged With $6 Million Loan Fraud !!!

To anyone that is familiar with Robert Mawhinney and the lifestyle he lives, this might not come to much of a surprise. 30 year old Robert Mawhinney lives in a Luxurious Downtown L.A. condo, and is described by his peers as someone who likes to “travel the world and live life like an A-Lister.” On top of all that Mawhinney also dropped $750,000 on a tour bus, but this isn’t what dug his hole $6 million deep. Its reported that Mawhinney persuaded Comerica Inc. to issue him loans amounting to $6.2 million by providing documented evidence that claimed he had more than $8 million in assets. In reality, he had about $10,000 in his bank account. SMH.


Tough Times for Duane and Tisha Campbell-Martin?

Duane Martin and Tisha Campbell are being hounded by the bank for defaulting on a loan… Read more after the jump Quay


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