Michael Jackson’s Finances at the center of Civil Suit

June 19th, 2006 · 2 Comments · Tagged as Michael Jackson

A year after Michael Jackson was acquitted of child molestation charges, a lawsuit by a former associate is headed for a trial that will put Jackson’s chaotic financial dealings in the spotlight. The pop star is not expected in court but he will be seen through videotaped depositions

Jackson is being sued by F. Marc Schaffel for $3.8 million in what Schaffel says are unrepaid loans and expenses, unpaid salary for work on a charity record and his share of proceeds from two TV specials that were produced to bolster Jackson’s battered reputation after child molestation allegations surfaced.

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That was a kickass article. What do I do now?

2 responses so far ↓

  • The What? // Mar 6, 2007 at 8:52 pm

    Too bad mike…. gotta face reality.

  • rambones // Jul 11, 2008 at 3:14 am

    Michael has only 1 way to get back on track: pay all debts now that he can, then go into a studio and create something as worthy as Thriller, and be the star he was born to be. If he cant create good music anymore, he should file for bankrupcy and get it over with. Then he can start a successfull dance school and get a whole new life!

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