facebook
twitter
rss
account
search
search

Singer Dionne Warwick declares bankruptcy

March 26, 2013 at 2:10 PM   |   Comments

| License Photo
LOS ANGELES, March 26 (UPI) -- Dionne Warwick's publicist says the singer owes more than $10 million in unpaid taxes and has filed for bankruptcy in New Jersey.

Warwick's spokesman, Kevin Sasaki, told TMZ the 72-year-old recording artist's financial woes were caused by "negligent and gross financial mismanagement" from the late 1980s through mid-1990s.

"In light of the magnitude of her tax liabilities, Warwick has repeatedly attempted to offer repayment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed. These plans were not accepted, resulting in escalating interest and penalties," Sasaki told TMZ.

Known for her songs "Do You Know the Way to San Jose," "Don't Make Me Over," "Walk on By," "I Say a Little Prayer" and "Alfie," the Grammy Award winner has $25,000 in assets, the celebrity news website said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
Trending News
Video
x
Feedback