Hip Hop World News

Diddy Owes City of New York Nearly $1 Million

Diddy is one of thousands of people who collectively owe the city of New York $1.9 billion, reports the New York Daily News.

The paper says the city plans to seek $996,000 from the hip-hop mogul's Bad Boy Entertainment for illegally plastering posters around the city.

However, a spokesman said the bill was a "bureaucratic error," claiming the money was paid by a partner company three years ago, but the city hasn't updated the record.

Lawyers are reportedly reviewing the issue, said a city spokesman.

The unpaid debts have resulted in cutbacks and layoffs of over 1,000 city workers.

"We are going to find these people," said Finance Commissioner David Frankel. "We're going to turn them upside down by their ankles and we're going to shake them until the money comes out of their pockets."

Others on the list include hip-hop legend Doug E. Fresh, Mickey Rourke's plastic surgeon and Remy Ma's defense lawyer.

Fresh reportedly owes $191,000 in unpaid city taxes; Remy Ma's defense attorney Ivan Fisher racked up close to $500,000 in taxes, a bill that he says he plans on paying; and Vitolo owes $169,000.

Posted 07/27/2010 @ 15:32:15 | Printer friendly page | Click to go BACK

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