Monday, April 29, 2024

Tasha K Blames Panic for Creation of Offshore Trusts to Avoid Cardi B Judgment


Two years ago Youtube gossip vlogger Tasha K was ordered to pay rapper Cardi B $4 million in damages after losing the defamation of character lawsuit Cardi filed against her [click here if you missed that].

Last week it was revealed that Cardi B had finally tracked down Tasha's accountant and the location of her offshore bank accounts and trusts in Africa [click here if you missed that], and now Tasha is claiming she never used the Trusts and created them out of panic in an effort to protect her family...

From Radar Online 

For months, Cardi seized Tasha’s income from her YouTube channel and various social media platforms. The rapper fired off a series of subpoenas to Tasha’s bank accounts to determine where her assets were held.
As we first reported, Cardi has been making moves in bankruptcy court for several months. Her legal team has deposed several individuals connected to Tasha K and her husband.
In January, Cardi claimed she discovered multiple domestic and offshore trusts that Tasha and her husband created but were not disclosed in the bankruptcy petition.
The rapper said Tasha “failed to disclose the existence of and/or testified untruthfully about the following” — The Sambakessi Investment Trust (Cook Islands), Soninkes LLC (Island of Nevis), The Bamako Trust (Kebe Children ILT) (Georgia), Transrina Management Trust (Georgia), and the Florida Joint Revocable Living Trust.
Tasha’s lawyer admitted the blogger created the offshore trusts after being sued by Cardi but never used them.
“The impending Cardi-B Judgment caused Debtor to panic and make hasty decisions that she felt were necessary to protect her family and her children. In March 2021, Debtor retained a Georgia attorney for an estate planning package for her and Cheick,” the lawyer said. “Because the litigation with Cardi-B was still ongoing, each trust was funded with only $10.00 cash on hand; no bank account was ever created for any of the domestic trusts and nothing has been transferred into or out of any of the trusts to date. The limited partnership was likewise created but valued at $0.00 and never used by Debtor, Cheick, their family or any other individual or entity. The domestic trusts and limited partnership remain active today but have no value.

14 comments:

Anonymous said...

Valued at $0??? I’m sorry but I think Cardi is getting swindled by her lawyers at this point. Because whether she gets that money or not, she still has to pay their fees.



Anonymous said...

They both have legal fees. Cardi has deep pockets to go along with hers, obviously not Tasha.

Anonymous said...

Just because Tasha's attorney says so doesn't make it true. Those forensic accountants will determine if any monies were allocated to those business accounts.

Anonymous said...

Cardi chasing her own tail at this point.

Jcee said...

Smh I think Tasha made it public that she was moving money to Africa for a reason!!! I think she created these accounts for a reason maybe to throw cardi attorneys off her tracks I always questioned why would a fool record a video taunting someone they owe money to claiming to have moved all their money to Africa like really telling where they hiding the money it doesn’t make sense. I think Tasha and that scamming African man she married to are hiding money just not where they publicly said they hiding it at. Tasha gone keep on she gone owe cardi more attorney fees! Y’all love saying somebody attorney getting over on them listen the objective is to discredit Tasha k so he bankruptcy can get thrown out and cardi can proceed with garnishing again! Idk why yall can’t see that. Her attorneys want to be sure Tasha can’t use the protections of bankruptcy to get out of this debt. They are also calling attention to the ITS and the Feds!!! Tasha and her husband have already committed perjury the felonies, gonna rack up. So for anyone saying cardi attorneys are getting over don’t understand what the assignment is of her attorneys

Anonymous said...

She's a liar. Lock her up

Vernell said...

Damn TashaK!, She has all of those Offshore Accounts, With No Money In Them... Smh & Lol At The Sametime...

LOLOL said...

That money is under her mattress. Go get Boo Boo and them to find it. LOLO

Anonymous said...

Snitch can you turn down the contrast on Tasha K’s teeth please! It’s like staring directly into the sun!

Sandra Rose said...

Tasha got that cash money$$ under her bed. 🙄

R in NYC said...

Tasha K must be slow

Anonymous said...

Protect your Family in silence👍🏽

Anonymous said...

Clever

Anonymous said...

Tasha ain't got all $4 million dollars. She has some money and has been making payments. Cardi wants it all NOW. She plans to sue Tasha again for legal fees and other related costs. She plans to bully Tasha into financial oblivion. As much grace and forgiveness Cardi was given for her crimes it should be done for Tasha too

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