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
1
Dakota Fanning is 'super happy' with boyfriend Jamie Strachan Dakota Fanning is 'super happy' with boyfriend Jamie Strachan
2
Gerard Butler cozies up to mystery woman in Malibu Gerard Butler cozies up to mystery woman in Malibu
3
Jennifer Hudson opens up about new toned physique: 'It was a goal' Jennifer Hudson opens up about new toned physique: 'It was a goal'
4
Model/actress claims she would be more successful if she did not resemble 'talentless' Kim Kardashian Model/actress claims she would be more successful if she did not resemble 'talentless' Kim Kardashian
5
Justin Bieber getting 'back to work' after 2-year hiatus Justin Bieber getting 'back to work' after 2-year hiatus
Trending News
x
Feedback