Tag Archives: learning-annex

Clap Back: Latoya Jackson Ready To Sue Vanity Fair Over Claims She Ganked Gwap From MJ’s Neverland Crib!

Say it ain’t so Latoya! Latoya Jackson Defends Herself Against Claims That She Looted Michael Jackson’s House According to TMZ reports : La Toya Jackson insists … she did not raid Michael Jackson’s home just hours after his death, pillaging plastic bags filled with cash — and now, she’s threatening to sue a major magazine for saying otherwise. La Toya has fired off a cease-and-desist letter to Vanity Fair, claiming its recent article entitled “Estate of Siege” is “replete with misstatements of fact, false innuendos, and defamatory insinuations.” According to La Toya’s letter, the article falsely claims she showed up at MJ’s Carolwood mansion shortly after his death and loaded plastic bags filled with cash into a duffel bag. The VF article goes on to describe La Toya’s bf leaving the home in a moving van. La Toya claims the article describes her visit as a “mad scramble for money” — strongly insinuating she stole large sums of cash from MJ’s house. According to La Toya … the allegations are nothing but lies and she wants a full retraction asap. Latoya bet’ not be treating her brother’s crib like it’s a liquor store during the Rodney King riots… Image via WENN

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Clap Back: Latoya Jackson Ready To Sue Vanity Fair Over Claims She Ganked Gwap From MJ’s Neverland Crib!

When The Checks Stop Coming In: Author Of “Rich Dad, Poor Dad” Goes Broke And Files For Bankruptcy

Bankrupt Dad? When you make millions giving financial advice to other people, the last thing anyone expects is for you to go bankrupt. Robert Kiyosaki, author of the best-selling book, “Rich Dad, Poor Dad,” has filed for bankruptcy. Kiyosaki made the move after being wiped out by a $24 million dollar lawsuit that he lost to the Learning Annex. Kiyosaki’s Rich Global LLC filed for bankruptcy after being ordered to pay nearly $24 million to the Learning Annex and its founder and chairman, Bill Zanker. US District Judge Shira A. Scheindlin in April ordered Rich Global to pay up $23,687,957.21 after a jury ruled Kiyosaki must give the Learning Annex a percentage of his profits after using their platform for speaking engagements, including a 2002 gig at Madison Square Garden. Rich Global filed for bankruptcy in Wyoming on Aug. 20. Zanker told us, “I took Kiyosaki’s brand and made it bigger. The deal was I would get a percentage, and he reneged. We had a signed letter of intent. The Learning Annex is the greatest promoter. We put his ‘Rich Dad’ brand on a stage. We truly prepared him for great fame and riches. But when it was time for him to pay up, he said ‘no.’ ” This has taken years in court. I won even more money than I asked for from the jury, then he declared corporate bankruptcy. Oprah believed in him, and Will Smith believed in him, but he didn’t keep his promise to us.” “Robert and [wife] Kim are not paying out of personal assets. We have a few million dollars in this company, but not 16 or 20. I can’t do anything about a $20 million judgment . . . We got hit for what we think is a completely outlandish figure.” Sounds like Kiyosaki won. He didn’t declare personal bankruptcy, just some defunct company with no money. Smart Dad after all. Source

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When The Checks Stop Coming In: Author Of “Rich Dad, Poor Dad” Goes Broke And Files For Bankruptcy