Washed-up rap mogul who founded hit-making record label with Jay-Z on cusp of losing it all - or going to jail
Briefly

Damon Dash, former Roc-A-Fella Records co-founder, is in grave legal trouble due to allegations of hiding assets and evading judgments totaling $1 million. After a defamation case in which he was found guilty, Dash's refusal to disclose his finances has prompted court orders threatening jail if he does not comply. Judges have accused him of destroying critical evidence and obstructing justice while attempting to dodge further payments. The situation complicates further as creditors attempt to collect rightful dues, raising the stakes of his legal battles.
"If Defendants fail to comply, the Court will find Defendants in contempt and may issue an arrest warrant for Mr. Dash to haul him to court to answer the claims."
"He's not turning over the evidence relating to the companies that he claims he owns on his tax returns," says attorney Chris Brown, who represents Webber and another client with a case against Dash.
The judge ruled that Dash had destroyed evidence "highly relevant to current and future litigation."
There is no meaningful way to cure this prejudice short of awarding default judgement," Judge Jed Radkoff wrote Monday.
Read at New York Post
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