Ricky Smiley In Serious Debt?

Ricky Smiley-1

(CelebNMusic247-News) Ricky Smiley In Serious Debt

Dish Nations very own Ricky Smiley has been thrown under the bus by an alleged fromer disgruntled employee?

Could this be true or is somebody just hatin?

Now we don’t know if the claims are factual or real so we’ve dubbed this a rumor until we get more details on the claims or if Smiley says something. However, the disgruntal employee claims that Ricky Smiley has an out of control spending habit and it is drowning him in debt.

here’s the drop via a source who spilled the tea to Baller Alert:

The real reason Rickey Smiley fired all his staff and many others quit. He is now in a lawsuit with his former manager for money owed.

“…. Smiley was also millions of dollars in debt. He owed millions of dollars to the Internal Revenue Service, and he routinely spent literally tens of thousands of dollars more than he earned each month.”

“Smiley persistently wasted hundreds of thousands of dollars. By purchasing boats and automobiles he did not need, and buying airline tickets and renting luxurious hotel rooms for young women he solicited online, in nightclubs, or while on the road with “his boys,” Smiley lived the life of a drunken playboy, without shame or discretion.”

“Specifically, Smiley’s CFO determined that if Smiley did not continue to supplement his monthly revenue with live performances, his outrageous spending would put him more than $40,000 in the h*** each month—an astonishing fact given that Smiley’s gross monthly revenues exceeded $350,000. “

Thoughts?