18 April 2007 12:41

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DAMON DASH - DASH SUES ACCOUNTANT FOR EMBEZZLEMENT

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Damon Dash and Rachel Roy

Caption: Damon Dash (Picture) and Rachel Roy Arriving at The Museum of modern art's 39th annual garden party New York City, USA ....

DASH SUES ACCOUNTANT FOR EMBEZZLEMENT

Hip-hop mogul DAMON DASH is suing his former accountant Barry Klarberg for $3.5 million (GBP1.8 million), alleging he embezzled three years' worth of tax payments from the Roc-A-Fella Records founder. Klarberg, who also counts singer Justin Timberlake and athlete Mark Messier as clients, reportedly failed to file Dash's returns from 2000 to 2003. Dash, 35 - who sold off his stakes to the successful rap label and clothing line Rocawear in 2004 - is furious at Klarberg, and claims he also miscalculated fees and avoided reporting the profits of his sales. Klarberg has written books on managing entertainers' money and says he sees accounting as "much more of an art."


18 April 2007 12:41


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