Tuesday, December 04, 2018

Duane Martin Used Will and Jada to Defraud Bankruptcy Court


Two years ago Duane Martin and his estranged wife Tisha Campbell filed for bankruptcy and were later accused of trying to hide assets [click here and here if you missed that].

Now Duane's pals Will and Jada Pinkett-Smith have been dragged into their scandal...

From TMZ
Bankruptcy officials claim Duane Martin hid money for years from several different sources ... even though he and Tisha filed for bankruptcy in January 2016. It's very complicated, but according to the docs ... Duane had hundreds of thousands of dollars coming in from a clothing store and a real estate investment, but didn't disclose that info in bankruptcy documentation.
Officials say they became privy of Duane's shady financial moves after Tisha filed for divorce from him in February and discovered her estranged hubby "concealed" and "diverted valuable assets" in their bankruptcy case.
Specifically, the docs say Duane used a $1.4 million loan he got from his friends, Will and Jada, through their company to buy a home and sell it later for a million dollar profit "with the intention of pocketing the sales."