Somehow, one of the greatest and most popular singers of the 20th century Dionne Warwick has gone broke, filing for bankruptcy with United States officials.
Citing 'negligent and gross financial mismanagement' as the reason behind her $10.7 million tax debts to the Internal Revenue Service (IRS) and State of California which stretch back over 20 years, Warwick's tax liabilities have left her with assets of only $22,500. At the age of 72. Jay. Sis. Poor Dionne.
The 'Do You Know The Way To San Jose?' singer's publicist Kevin Sasaki claimed the back taxes owed had been paid, but interest had continued to accrue. 'In light of the magnitude of her tax liabilities, Warwick has repeatedly attempted to offer re-payment 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.' he said.
The petition was filed in the US Bankruptcy Court on March 21 and list the Grammy-award winning star's average monthly income as $20,950 and expenses at $20,940. We'll leave you to do the maths on how much that leaves her with. Hopefully Burt Bacharach can give her a loan to sort her out for a while.