BLIND ITEM: ANOTHER BROKE RAPPER

Wednesday, July 11, 2007

A few years ago, I was informed that a very popular rapper was bouncing checks and his credit card declined repeatedly. Then his career had a minor upswing and he seemed to bounce back.

But, he bounced back way beyond his means. Due to numerous record company advances-to be deducted from future income and royalties, he purchased a $1 million dollar fleet of exotic sports cars.

He also purchased a mansion and kept a separate bachelor’s pad on the side which he paid $10,000 per month in rent.

Now, since his last album was a flop, he is in serious debt to the record company and now he ’s discreetly liquidating everything for quick cash.

People-who knew he was fronting are now laughing behind his back because he used to strut around, acting hard, flashing wads of “borrowed cash,” and now he ’s flat broke.

This man also has a ‘insecure complex’ because he’s been known to pay women to say he is “an excellent well endowed lover.”

Hint: It’s not Ja Rule, Busta or Ray J.

NOTE: All blind items are written by Myra Panache or her staff. No, I do not know what the answer is - after all it is called a ‘Blind Item’. These items are posted for entertainment purposes. Please don’t email me asking for the answer because your email will be promptly deleted.