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Damon Dash Sues Rachel Roy for Fraud


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 1 month ago '16        #1
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BornInvincible  topics gone triple plat - Number 1 spot x17
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Damon Dash Sues Rachel Roy for Fraud
 

 
Damon Dash says his ex-wife, Rachel Roy, has been hiding stacks of cash that are rightfully his -- the fruits of her fashion company's labors -- so he's suing her for fraud.

Dame is pissed off about the Rachel Roy Brands of clothes -- which include several lines Rachel sells in Bloomingdales and similar department stores. In his suit, he says the company is FLUSH ... earning profits in the millions each year. His issue is his cut of that pie.

According to docs, obtained by TMZ, Dame claims Rachel conspired with several other companies involved in keeping RRB afloat ... to hide the amount of money that was due to go in Dame's pockets.

He's pretty colorful and complete with his allegations, claiming they "manipulated, diverted, misappropriated, transferred, concealed and embezzled funds."

Rachel and co. allegedly submitted fraudulent accounting, withheld payments, and undervalued Damon's share of RRB. Dame says he was an original member of Rachel's company when she formed it in 2008 -- they were still married then -- and as such he's entitled to royalties.

Far as Dame can tell, the alleged shell game with his money started in 2014 when a royalty payment of $175,000 was withheld. He claims that happened again in 2015 with a $200,000 check.

In the suit, Damon says he had a verbal agreement with Rachel that she would re-purchase his interest in RRB for $1 million -- but she reneged with no explanation.

He's not only suing Rachel, her companies and more than a handful of others -- accountants, lawyers and such -- he claims conspired against him.

As for how much? Dame says they need to open up the books, so he can see exactly what he's owed
+21   



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73 comments
 

 1 month ago '19        #2
Brutus Beefcake  topics gone triple plat - Number 1 spot x4
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Pocket watching his own ex-wife. It doesn't get any more pathetic than that.
-62   

 1 month ago '16        #3
BornInvincible  topics gone triple plat - Number 1 spot x17 OP
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*shrugs*
+3   

 1 month ago '04        #4
mprnc2000 
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 Brutus Beefcake said
Pocket watching his own ex-wife. It doesn't get any more pathetic than that.
You sound like a fool. He's entitled to HIS cut
+43   

 1 month ago '04        #5
LightAndBlaze 
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+20   

 1 month ago '13        #6
streetsweep55 
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Well then stop giving your money out Dame. How many more years are we going to hear this dude complaining
-8   

 1 month ago '15        #7
deefifty  topics gone triple plat - Number 1 spot x21
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Rachel Roy was Becky with the good hair
Incase you didn't know


Last edited by deefifty; 02-17-2020 at 02:17 PM..
+32   

Top 10 most slapped recently  1 month ago '13        #8
THEDONN 
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This gon be the one b

 1 month ago '06        #9
soso24 
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n*gga loved Aaliyah so much he cheated on her with this jawn and had a couple kids with her in the process... This n*gga done lost all his dignity... This is just a last ditch effort at a payday

#Bosssh*t



Last edited by soso24; 02-17-2020 at 02:08 PM..
+21   

 1 month ago '17        #10
CJ Schwarz 
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Rachel Roy looks like she look fine af in person.
+2   

 1 month ago '15        #11
deefifty  topics gone triple plat - Number 1 spot x21
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 CJ Schwarz said
Rachel Roy looks like she look fine af in person.
Ask the one the call jiggaman

 1 month ago '16        #12
BitterDiesel 
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Bruh said open them books.. I know RR was purchased a year or two ago and Dane was cut out the deal via his share in the company..

He gone get his bread but "They" might do it too him..




its no coincidence hes going through all these legal battles. Smh
+9   

 1 month ago '04        #13
Hardkore 
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 Brutus Beefcake said
Pocket watching his own ex-wife. It doesn't get any more pathetic than that.
Trolls of boxden make me laugh.

+7   

 1 month ago '20        #14
Xiox 
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Dame needs a win
+10   

 1 month ago '19        #15
Badassbillygunn  topics gone triple plat - Number 1 spot x1
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Man this n*gga always in the middle of some bullsh*t
+19   

 1 month ago '19        #16
Punch Out 
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 Youknowthismane said
Rachel Roy was Becky with the good hair
Incase you didn't know
Girrrrrl that's some HOT tea!
+15   

 1 month ago '19        #17
PRo 
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 Badassbillygunn said
Man this n*gga always in the middle of some bullsh*t
Honestly that's business
It's war. The fact that every time he's sued or is suing someone it's news is simply attributed to him being disliked by the mainstream.
How fu*ked up is he I really don't know
+2   

 1 month ago '15        #18
deefifty  topics gone triple plat - Number 1 spot x21
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 Punch Out said
Girrrrrl that's some HOT tea!
Girlll it burning haha jks
+6   

 1 month ago '16        #19
NYNY 
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+1   

 1 month ago '19        #20
drnarcisse 
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 Youknowthismane said
Rachel Roy was Becky with the good hair
Incase you didn't know
you a broad
+10   

 1 month ago '15        #21
deefifty  topics gone triple plat - Number 1 spot x21
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 drnarcisse said
you a broad
You a hoe. It was joke haha
-2   

 1 month ago '11        #22
slimfrom85th 
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This n*gga must love court man he stay taken somebody to court
+2   

 1 month ago '17        #23
JacobWatch 
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If he was supposed to be getting $175k -$200k a year he was bugging entertaining that million dollar offer

Especially if he didn’t have to do sh*t except collect the bag
+7   

 1 month ago '04        #24
PrisonRules 
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 Youknowthismane said
Rachel Roy was Becky with the good hair
Incase you didn't know
U think j smashed same girl while with Beyonce? I don't think he'd do that.

I am curious who this girl is who hasn't come out for clout
-5   

 1 month ago '15        #25
deefifty  topics gone triple plat - Number 1 spot x21
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 PrisonRules said
U think j smashed same girl while with Beyonce? I don't think he'd do that.

I am curious who this girl is who hasn't come out for clout
the day Solange beat up Hov in the elevator. Hov was going to dame dash ex wife party,solonge didn't like that.
I believe Jay z would do that to hurt Damon
Dash. He doesn't give a dam bout that guy lol. Look how he sign Jim Jones to rocnation
And ended his feud with Cam'ron. He does this sh*t to get under Damon Dash. He's made up with everyone except Dame Dash.
Another example is he made up with jaz-O
Jaz o gave Nas so much for ether. Nah man Jay would cheat on b with her to get at Dame.
+10   



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