News: Dame Dash Avoids Getting Rocked, Wins NYC Dispute
Saturday, Sep 17, 2011 8:36AM
Former Roc-A-Fella co-owner Damon "Dame" Dash can breathe a bit easier these days as new reports claim he is no longer being sought after by New York City on liquor bootlegging charges.
According to reports, Dash became freed of the charges earlier this week.
Although troubled business mogul Damon "Dame" Dash's DD172 art space and warehouse has not been operational in the tiny Tribeca neighborhood it occupied since June, the former Roc-A-Fella executive and his cohorts were slapped with six counts of storing and selling alcoholic beverages without a license - with charges dating back to November of 2010. On the afternoon September 7, New York City cops served the property with a court order and summons to address the illegal liquor sale charges. This past Wednesday (September 15), Dame Dash won a small victory after a New York City judge settled the charges. (RapFix)
Dash received his restraining order just over a week ago.
At around 4:30 p.m. yesterday (September 7), cops served the property with a court summons and order to show cause. The defendants, 172 Duane Street Realty and "Jane and John Doe" (the tenants, i.e. Dash and associates) are accused of six counts of storing and selling alcoholic beverages without a license, as detailed in court documents obtained by the Voice. DD172 was caught violating the liquor code for the first time in November 2010 and as recently as May, according to the affidavits of police who investigated the club. One document states that the violations "were conducted in an open and notorious manner and the operators of this establishment appear to have evinced a 'business as usual' attitude in the subject premises." DD172's repeated violations are used as evidence that the club's actions constitute a public nuisance. The plaintiffs are asking for a preliminary injunction from the judge, plus a restraining order. (Village Voice)
Last month, the music executive talked about making headlines for a substantial tax debt.
"I owe way more than $2 million in taxes," Dame explained in an interview. "That must've just been the IRS -- Nah, nah, I'm f---ed up...It's the price of business; it is what it is. I owe taxes: I got to pay...They're auditing me. When you're a business man, you have a lot of businesses, a lot of times they think you're launderingmoney or you're pretending you're writing things off that you don't -- I'm a true businessman. As you know, I believe in my independence, I have no partners, so every dollar I make goes right back into every business I have." ("Sway In The Morning")
Reports of his financial crunch hit the Internet in late July.
Hip-hop tastemaker Damon Dash, the Roc-A-Fella Records and Rocawear Clothing exec, dashed from yet another tax bill, according to the feds. The IRS just filed a nearly $3 million tax lien against the music and fashion impresario. The bill adds to the 40-year-old Dash's notorious status among tax collectors. The IRS filed a $2,984,364 lien against Dash on June 30 with the New York City Register's Office. (Detroit News)
Check out some past Dame Dash footage below:
For the latest gadgets, gear and giveaways, check out GetFrush.com.