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'Financial Trouble' Archive

August 6th, 2005

Wayne says: Danke schoen!

The IRS says: Not so fast, bitch!

CHEESY, insipid and garish are words conjured up by the name Wayne Newton, but the Vegas showman says he got into trouble with the IRS through a need to maintain “an image of larger-than-life glamour, sophistication and elegance.” […] The feds say Newton made more than double the $790,000 a year he claimed and took all kinds of improper deductions.

“…a need to maintain an image of larger-than-life glamour, sophistication and elegance.” Yeah, those middle-aged soccer mom tourists can sure be picky.

TAGS: Celebs, Wayne Newton, Financial Trouble

by G-Man in the early morning | Comments Off

July 26th, 2005

Britney Spears needs it bad

Yes, I’m talking about money.

According to the National Enquirer, Britney Spears is taking a vacation on a celebrity island called: LowCash…

Britney Spears and husband Kevin Federline have borrowed $5 million as speculation grows that their spend, spend, spend lifestyle is causing a cash crunch.

Two loans for $4 million and $1 million were taken out in May against their Malibu, Calif., mansion. No details have emerged for the reason behind the bank payout, but rumors have been swirling over the couple’s finances.

Looks like Brit’s on her way to get “MC Hammer”d.

TAGS: Celebs, Britney Spears, Kevin Federline, Real Estate, Financial Trouble