News: Freeway Says Don't Count Out Dame Dash, "I Don't See How You Could Go From Dame Dash To Bootlegging Liquor"
Friday, Sep 30, 2011 9:00PM
Former Roc-A-Fella Records artist Freeway has injected his input to Damon "Dame" Dash's publicized financial money and legal woes as of late.
Reflecting on a recent conversation he had with the Roc co-founder, Free said it was hard to believe Dame was having cash problems.
"I don't really know man, I haven't talked to him," Free explained, referring to Dash. "The last time I talked to him, I probably talked to him months ago. I don't even remember if it was months ago. He was like, 'Man, I'm cool.' -- I'll tell you one thing about Dame. He was like the main n*gga telling us, 'Make sure you pay y'all taxes and make sure y'all do this and do that.' ... I don't know, man...I don't see how you could go from Dame Dash to bootlegging liquor, because Dame had bread. So I don't believe that sh*t." ("Superstar Radio")
After receiving a restraining order for bootlegging in early September, Dash was later freed of the charges.
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)
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 Freeway's interview down below: