Fat Joe is suing his longtime CPA Andre N. Chammas and the accounting firm BDO for misappropriation of funds.Allegedly, AMEX accounts had been opened under both his and his wife Lorena Cartagena’s name TMZ reports.
The credit cards were reportedly used to make tuition payments for the daughter of Chammas’ former assistant Vanessa Rodriguez, plus Uber and Uber Eats purchases amounting to $40,000.
In a Breakfast Club interview, the “Lean Back” artist noticed the financial mismanagement when he received a call from his mortgage company about late payments.
Additionally, Fat Joe’s company Sneaker Addict Touring was allegedly missing over $300,000. A Ponzi scheme of sorts was created to mask the wrongdoing, where the aforementioned MLB players’ accounts were used to transfer funds between one another without any documentation or the need for actual cash.