Doug E. Fresh In Financial Woes With IRS And Amex
According to the New York Post, the rapper has been hit with three foreclosure actions due to unpaid mortgages for his three Harlem homes. The report claims he owes $3.5 million.
The debt doesn't appear to end there. Apparently, he also owes $60,000 to American Express for credit card debt. On top of all of this, the IRS is asking for a $367,000 tax lien for unpaid taxes of $40,000 owed to the state collector.
In August of this year, a foreclosure suit was filed claiming Doug E. owed more than $1.73 million.
Although he declined to comment when asked about these financial problems, he is working on Doug E's Chicken and Waffles, a new restaurant he's opening up in Harlem next month.
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