Rap Mogul Damon Dash In Dire Financial Straits

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A bank wants his Tribeca condos, the city is seizing his SUV and his lawyer dropped him for not paying his legal bills. It's not easy being Damon Dash, has-been hip-hop mogul.

The co-founder of Roc-A-Fella Records and Rocawear - who in 2005 sold his share in the clothing empire to Jay-Z for $20 million - is under assault in Manhattan Supreme Court from lawyers, lenders and landlords fed up with not getting paid.

The fall has been a dizzying one for Dash, who has gone from owning Keds, a vodka company and 1,300 pairs of shoes to dodging bills and accusing a former accountant of ripping him off for millions of dollars.

"I've worked with musicians, artists and entertainers that in the eyes of the media are very wealthy," said lawyer Jason Gabbard, who represented a fashion firm that settled a suit against Dash and his wife over $148,505 in unpaid fees. "But to borrow a phrase from my Kentucky homeland, they haven't got a pot to p--- in - they're broke."

A Manhattan judge this week ordered the city to seize Dash's Chevrolet Tahoe, since he wasn't making the $714.99 monthly payment on the leased SUV.

Read the whole story at New York Daily News