damon-dash

 

The one-time highly successful friend to Jay-Z and co-founder of Roc-A-Fella Records has been catching financial hell lately.  Earlier this year, Damon Dash admitted that he was losing several properties to foreclosure since he his funds decreased majorly after the split between him and Jay. Well, more unfortunate news hit the net yesterday.

 

TMZ reports that Dash has been hit with a federal tax lien by the IRS. The liens insists that he settle his debts from 2005 ($2,614,918.10) and 2011 ($187,544.20).  Including the $2.8 million dollar lien, Dash also has additional debt that is outstanding in the state of NY and NJ.

 

SMH…hopefully, he doesn’t have to do any jail time like Lauryn Hill, Fat Joe, and a host of other celebrities.