Tag: fraud

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SFX bankruptcy plan approved with ~$400mm in debt wiped out

According to the Wall Street Journal, the bankruptcy case handling SFX Entertainment's BK filing has approved a plan to wipeout approximately $400 million in...
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Verboten in NYC seized for non-payment of back taxes! (Update – back open!)

News emerged today that Brooklyn-club Verboten has been seized by the State of New York for the non-payment of taxes. This follows well publicized...
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$100,000+ allegedly stolen from Sharam by his bookkeeper!

According to an article in the Washington Post, a bookkeeper hired by Sharam for his record label, Yoshitoshi, 2 years ago, started embezzling money...
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