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Grammy-winning rapper Kanye West‘s name holds some insane weight. New reports claim the hip-hop superstar fell victim to forgery with a criminal walking away with nearly $1 million.

According to reports, one of West’s affiliates low-key reached out to designer Philipp Plein about putting together an event for next week’s New York Fashion Week on behalf of Yeezy and managed to bank a major payday – illegally.

Plein apparently fell for it hook, line and sinker, and they made a deal wherein Kanye would supposedly pocket 7 figures and, in return, he would perform at the NYFW show. It gets worse. We’re told the guy forged Kanye’s name on the contract and then had a $900,000 advance wired to an account … which the guy promptly cleaned out. Kanye’s not performing at the show, and Plein is now out a pretty penny. As for the guy who committed the alleged fraud … we’re told he’s a former friend and associate of G.O.O.D. Music. (TMZ)

Recently, Kanye appeared to grab a bite to eat with G.O.O.D. Music affiliate Kid Cudi and actor Pete Davidson.

Last month, Kanye reunited with former Roc-A-Fella Records owner Dame Dash.

Recently, 112’s Slim revealed possible plans to make new music with Yeezy.

“We talked about a lot of things and there was a situation going on spiritually that he’s involved himself in as far as church and it was kind of the way I was raised – you can take music that’s going on right now and you change it and you put the Lord, Jesus, in it and make it Christian. It kind of draws the youth to church. It makes church cool. Hearing this right here, I definitely have a connection – we talked about a lot of things. Kanye being a musical genius, he can make an album and then scrap it. I’m not the type of person to say this is what he’s going to do or this is what we’re going to do – whatever happens, it’s something that God wanted to happen.” (TMZ)