Nikko Slapped with New Money Problems

Reality TV

Nikko Slapped with New Money Problems

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Photo Credit: VH1

Photo Credit: VH1

By: Amanda Anderson-Niles

Mimi Faust’s former boo Nikko thought he would make tons of cash from his raunchy video with Mimi, but it was rumored the tape only brought in around $100,000. With his fate on the reality show now in question since he’s no longer dating Mimi, it’s probably not a great time to be hit with a $1 million lien.

The Jasmine Brand reports:

theJasmineBRAND.com has exclusively learned, Nikko has been slapped with a 1.1 million dollar lien, after losing a lawsuit which accused him and his wife of screwing over their music business partners.

A music company named Supafly Entertainment sued Nikko and his wife Margo Simms back in 2008.

Supafly explained in their lawsuit that they were working with a new band named Test Drive with Nikko and Margo. However, the company says they fronted all the cash for the band to be paid to record an album — including promotions, studio time, song writers, production, website etc.

The company said that they then got an offer from Universal Music to sign the band, but Nikko and Margo started making questionable business moves behind the scenes to cut Supafly out of the picture and make a deal without them.

However, the plan backfired and no deal was ever made.

 

 

Nikko and his wife are being sued for posting the band’s music on MySpace and having the band perform live at concerts.

22 Comments

  1. julyol1972

    September 2, 2014 at 7:34 pm

    Wait, are we supposed to be surprised that Nikko and his wife are a pair of grifters? Anybody?

    • Anonymous

      September 2, 2014 at 8:00 pm

      lol

  2. Im Sayin

    September 2, 2014 at 7:34 pm

    Welp.

  3. Queen

    September 2, 2014 at 7:35 pm

    So him and his wife are con artists. I wouldn’t be surprised if his wife was in on his “relationship” with Mimi.

    • Shayla

      September 2, 2014 at 8:40 pm

      Oh you know she was down. Mimi is such a fool.

  4. Fashionista

    September 2, 2014 at 7:39 pm

    He’s such a bum.

  5. 404

    September 2, 2014 at 7:40 pm

    None of this surprises me.

  6. Gabriella

    September 2, 2014 at 7:45 pm

    This just confirms what we already know that Nikko is a con artist along with his wife. And Mimi takes more L’s what’s new smh.

  7. Smoochie Redrum

    September 2, 2014 at 7:45 pm

    Welp. Johnny did tell MiMi that they were a team

    • Troll

      September 2, 2014 at 8:35 pm

      He sure did.

  8. Yeah I Said It!

    September 2, 2014 at 7:47 pm

    A million dollars? They will never see that money. LOL.

  9. Barbee

    September 2, 2014 at 7:54 pm

    Smh.

  10. Anonymous

    September 2, 2014 at 7:56 pm

    This is why Mimi should have done the education before she made a sextape with this dude.

  11. Ratchet Queen

    September 2, 2014 at 8:13 pm

    LOL at Nikko being the best Mimi could do.

  12. Anonymous

    September 2, 2014 at 11:05 pm

    He’s a certified con artist. Mimi sure can pick them.

  13. Barbee

    September 3, 2014 at 11:36 am

    Serves him right.

  14. Anonymous

    September 3, 2014 at 11:50 am

    He really does look like a cartoon character.

    • Hershey

      September 3, 2014 at 1:48 pm

      LMAOOO!

  15. Tea

    September 3, 2014 at 12:26 pm

    This confirms for me that his wife is a female version of him and she had to be in on the whole Mimi thing.

  16. julyol1972

    September 3, 2014 at 10:57 pm

    At this point, I wouldn’t be surprised if his wife weren’t the one holding the camera in that sex tape!

  17. rb

    September 4, 2014 at 10:37 am

    What cha get…

  18. Soul4Real

    November 14, 2014 at 7:15 pm

    KARMA!! What goes around, come back around Nikko! You and your wife are still “Broke”! Lmao!!

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