Tuesday, April 05, 2016

Duane Martin and Tisha Campbell Accused of Bankruptcy Fraud


Earlier this week news leaked that actors Duane Martin and his wife Tisha Campbell filed for Chapter 7 Bankruptcy after falling $15 million in debt [click here if you missed that].

Now they are being accused of diverting and trying to hide cash...

From The Jasmine Brand
...on April 1st, the trustee of the bankruptcy headed to court and slapped Tisha & Duane with a federal lawsuit demanding damages and a permanent injunction — for allegedly diverting money they made away from trustee.
The trustee explains — Duane is a television actor and movie star a Tisha is a television actress and singer. According to the bankruptcy petition, they own 100% interest in a production company named XE Visions. The company produces music, music videos and ‘behind-the-scenes’ videos based on Tisha’s performances and XE Visions contracts with studios regarding her performances and receives payments for the shows.
A contract was entered into between XE and Woodridge Productions – a affiliate of Sony – who produce the ABC show ‘Dr. Ken’, for which Tisha is paid $45k per episode.
Two days after the couple filed for Chapter 7, the trustee says Tisha created another company named Won Hundred as a vehicle for rendering her acting services, despite her already running XE Visions that does exactly the same thing. He accuses the couple of creating the new company for the sole purpose of diverting post-petition payments she was receiving for her work on the ABC sitcom. The trustee claims Tisha was paid $47,500 gross and $39,500 after she paid her agency. Further, he says that Woodridge issues 4-5 more payments to Tisha totaling $185K that are being held by her talent agency for some reason.
The trustee accuses Tisha & Duane of refusing to hand over the money, since he says the payments should have been made to XE Visions NOT their new company Won Hundred, since the contract she has with Dr. Ken states she is to be paid via XE Visions.
He is demanding the judge grant a permanent injunction enjoining them from spending, using, transferring or otherwise dissipating the payments to Won Hundred and any other property or assets of XE until the case has been fully decided. He is also seeking damages for their actions.

16 comments:

Anonymous said...

So kikkkes and crakkkers can hide money in the Cayman islands and the (financially) neutral Swiss banks, but when Jackson 5 nostrils do it all of a sudden it's a problem???

Anonymous said...

OH WOW!!!!!

Anonymous said...

As we're all seeing these days, off-shore accounts are no longer private. They're cracking down everywhere and this seems like his dumb idea, and she was the dummy that did the deed. I really hope she's not looking at jail time

Anonymous said...

I saw him yell at her in the Departures area of Newark Airport in 2007. I tried not to look as it was a semi-private moment but he made it public and she looked like she was going to cry. I high-tailed it to my area and was thankful I was going to Seattle and not LA. I never watched his LisaRaye show and whenever I see him, I remember how sad she looked and how dirty their luggage looked

Anonymous said...

@9:47 WOW...Just wow!!! Didn't know that bottom treated his wife like that. And ya'll know what I mean by "bottom"

Anonymous said...

^^^^^Forgot to wow @ the dirty luggage. Shit ain't funny but I'm laughing.

Anonymous said...

Funny thing, Duane was an actor ,producer ,director and Sports Agent at least about 10-15 years ago. No lie ,he said in an interview that a player of his (he didn't give a name) was being courted by the Yankees at the time.

Anonymous said...

Jay Z and Tidal
Russell Simmons and the Rush card
now this nigga.

I say it once and I'll say it again: Black people and busine$ matters do not mix.

You're dealing with Jews when you talk about money so get you some Jews to handle your money.

Anonymous said...

Messy as hell smh basically they created all these companys to hide money in. These two are so suspect to me. Anyone knows how they hooked up in the first place?

Anonymous said...

9:23
The problem is ..they got caught HIDING some one 's money they owned money to. They got CAUGHT!!!!

Anonymous said...

Dammnnnnn, Gina!

Twink said...

poor gina

Anonymous said...

I knew this story sounded suspect when it came out. Tisha is getting solid royalty checks from the Martin show that reruns on TV stations all over the world. Purchasing 2016 Land Rovers does not suggest poor to me. You know if your in dept before you reach 15 million. Only the Jews can pull this off and get away with it.

Anonymous said...

Pay your bills all you low life niggers!

Anonymous said...

Where is Will & Jada?? They better take care of their mistresses

Anonymous said...

11:49 - I wish I could "unthink" that mental image. Brain Bleach, stat!

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