Gotti's Estate Under Foreclosure

Former U.S. reality TV star VICTORIA GOTTI's New York home is under foreclosure after she skipped two years of loan payments on the $4.2 million (£2.7 million) mansion.
The 46-year-old daughter of late mafia boss John 'Dapper Don' Gotti and her three sons were filmed around the massive Long Island mansion for their 2004/2005 show Growing Up Gotti.
According to court records, Gotti owes $650,000 (£424,840) to lender JPMorgan Chase and will lose the Old Westbury mansion that she won in her 2003 divorce with ex-husband Carmine Agnello.
The couple split while Agnello was serving a prison stint for racketeering, and the deed for the six-acre home was handed over to Gotti in 2005.
This isn't the first time Gotti has faced losing her house. She persuaded the bank to give her an extension on the mortgage with the condition that she would pay $200,000 (£130,720) by February 2006, at a rate of $25,000 (£16,340) per month, reports the New York Post.


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Comments

iceblue01's picture

iceblue01

Who cares!In this day with times it's so hard to meet the food and gas bill, is it really surprising that people can't pay their mortages ? Maybe "rich" people should move in to homes that are more resonable in price. That way they would remain "rich" never the less, YOU CARES?
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