WhatsNew2Day
Latest News And Breaking Headlines

Damon Dash accuses Rachel Roy of fraud because he claims that he “does not get his share of the revenues from her brand”

Last month his ex-wife Rachel Roy and ex-girlfriend Cindy Morales sought legal intervention to eliminate him from the process of reclaiming their back support.

And Damon Dash is now suing Rachel for fraud and claiming he will not lose his income from her clothing brand, according to TMZ.

Damon claims that he is entitled to the royalties from Rachel Roy Brands because he was an original member of her company when she formed it in 2008 and they then married.

Legal drama: Damon Dash is now accusing Rachel of fraud and claiming that he does not get his income from her clothing brand, according to TMZ; pictured October 12, 2018 in LA

Legal drama: Damon Dash is now accusing Rachel of fraud and claiming that he does not get his income from her clothing brand, according to TMZ; pictured October 12, 2018 in LA

Damon and Rachel, 46, were married from 2005 to 2009 and have two daughters – Ava, 19 and Tallulah, 11.

Damon, 48, claims that Rachel conspired with other companies to help drive the brand and also to hide money that he claims owed him.

The music mogul, who was co-founder of Roc-A-Fella Records with Jay-Z, claims they have “manipulated, diverted, misappropriated, transferred, hidden and misappropriated funds,” TMZ said.

Rachel founded her fashion brand in 2008 when she was married to Damon, which means he is entitled to a discount.

He claims that he owes a fee of $ 175,000 from 2014 and $ 200,000 from 2015, but that Rachel and the other companies have withheld payments, undervalued his share of the brand and filed fraudulent accounting.

Latest: Damon claims he is entitled to the royalties from Rachel Roy Brands because he was an original member of her company when she founded it in 2008 and they then married

Latest: Damon claims he is entitled to the royalties from Rachel Roy Brands because he was an original member of her company when she founded it in 2008 and they then married

Latest: Damon claims he is entitled to the royalties from Rachel Roy Brands because he was an original member of her company when she founded it in 2008 and they then married

Damon also sues accountants and lawyers alongside Rachel and the companies he claims have collaborated with her to preserve his brands.

He also claimed that Rachel had an oral agreement with him to buy back his interest in her brand for $ 1 million, but she stopped without explanation.

In addition to his two children with Rachel, he has a son named Lucky with ex-girlfriend Cindy Morales, a son named Damon Dash Jr., 28, with ex-girlfriend Linda Williams.

Damon, 48, claims that Rachel conspired with other companies to help drive the brand and also to hide money that he claims owed him; pictured April 3, 2019 in LA

Damon, 48, claims that Rachel conspired with other companies to help drive the brand and also to hide money that he claims owed him; pictured April 3, 2019 in LA

Damon, 48, claims that Rachel conspired with other companies to help drive the brand and also to hide money that he claims owed him; pictured April 3, 2019 in LA

The news comes a month after Rachel and his ex-girlfriend Cindy want to eliminate him from the process of getting their back kids’ support, which totals $ 950,000.

Their lawyer, Donnell Suares, has asked a New York City court to approve a settlement that will essentially adorn an incoming settlement that he will receive in a separate way from Empire maker Lee Daniels.

Suares presented the plan last month during a hearing about his excellent balance when it comes to child benefit.

The deal was laid down in detail with his case lawyer, Natraj Bhushan, and a judge just has to approve it, TMZ reported.

Damon and Lee agreed earlier this year to a settlement that resulted from a $ 5 million indictment filed by Damon.

Family: Damon and Rachel were married from 2005 to 2009 and have two daughters - Ava, 19 and Tallulah, 11

Family: Damon and Rachel were married from 2005 to 2009 and have two daughters - Ava, 19 and Tallulah, 11

Family: Damon and Rachel were married from 2005 to 2009 and have two daughters – Ava, 19 and Tallulah, 11

Under the terms of the proposal, Rachel and Cindy would receive payments in thousands until the balance is eliminated.

The proposal was derived from a similar arrangement that Rachel and Cindy sought in a lawsuit against Lee.

Damon was arrested in November for $ 404,000 in unpaid child support to Rachel and Cindy.

He was handcuffed and transferred to the Bronx Family Court on November 19, 2019 amid a warrant, the New York City Sheriff’s office told Page six.

Sheriff Joseph Fucito said the authorities have “sought to arrest.” [Dash] since 2015, “since an order was issued in April 2015 for $ 62,000, he owed Cindy.

Earlier this year, another warrant was issued for disregard of judicial conviction, where the court ordered him to pay an additional $ 342,000.

He was released and went to a Manhattan court where he paid a $ 1 million debt for an outstanding order.

He was then taken into custody by seven deputies while he was on his way to settle his other warrant, he said TMZ.

More: the news comes a month after Rachel and his ex-girlfriend Cindy Morales try to eliminate him from the process of getting their back kids' support, which totals $ 950,000; pictured on April 3, 2019 in LA

More: the news comes a month after Rachel and his ex-girlfriend Cindy Morales try to eliminate him from the process of getting their back kids' support, which totals $ 950,000; pictured on April 3, 2019 in LA

More: the news comes a month after Rachel and his ex-girlfriend Cindy Morales try to eliminate him from the process of getting their back support, which totals $ 950,000; pictured on April 3, 2019 in LA

Damon was reportedly processed and transferred to the Bronx Family Court to settle his other outstanding balance.

He told TMZ at the time that the officers involved were very understanding and cooperated in the process.

Damon was previously urged to turn himself into custody, but he left New York, a police insider told page Six.

Earlier this year, he told the court that he had an “almost non-existent” income and only survived with money from a $ 2 million debt that Lee owed him.

The music director also filed a lawsuit against We TV and claimed that they had made his son Damon drink for their cameras for the Growing Up Hip Hop program, according to TMZ.

He claims that the emphasis placed on his son was in direct violation of an oral agreement he had reached with producers on this subject.

The mogul said that drinking his son caused emotional distress for his family; he also noted in the lawsuit that he has not been compensated for his appearances in the show.

The outlet reported that he had asked the court a question on a related subject because all funds under current legal agreements would go to creditors, but he said his Poppington company should be paid for by We TV.

The Growing Up Hip Hop show follows children of hip hop stars while following their own professional paths; it debuted in January 2016.

Others profiled on the show include Run-D.M.C.’s Rev. Run daughter Angela Simmons, Master P’s son Romeo Miller and Mary J. Blige’s stepdaughter Briana Latrise.

He is currently expecting a child with his fiancée Raquel Horn.

His son: the music director has also filed another lawsuit against We TV, claiming to have his son Damon drink in front of their cameras for the Growing Up Hip Hop program, according to TMZ

His son: the music director has also filed another lawsuit against We TV, claiming to have his son Damon drink in front of their cameras for the Growing Up Hip Hop program, according to TMZ

His son: the music director has also filed another lawsuit against We TV, claiming to have his son Damon drink in front of their cameras for the Growing Up Hip Hop program, according to TMZ

.

Comments
Loading...