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Dionne Warwick files for bankruptcy, owing $10m | Dionne Warwick files for bankruptcy, owing $10m |
(about 9 hours later) | |
Walk On By singer Dionne Warwick has filed for bankruptcy in the US after amassing debts of almost $10 million (£6.6m) in taxes since 1991. | |
The singer's liabilities include nearly $7m owed to the IRS (Internal Revenue Service) from 1991 to 1999 and more than $3m in business taxes owed to the state of California, where she lives. | The singer's liabilities include nearly $7m owed to the IRS (Internal Revenue Service) from 1991 to 1999 and more than $3m in business taxes owed to the state of California, where she lives. |
Warwick, 72, has sold more than 100 million records since the 1960s. | Warwick, 72, has sold more than 100 million records since the 1960s. |
Her publicist said she had been the victim of poor financial management. | Her publicist said she had been the victim of poor financial management. |
He added that Warwick had paid back the actual amount of the taxes but not penalties and interest that had accumulated over the years. | He added that Warwick had paid back the actual amount of the taxes but not penalties and interest that had accumulated over the years. |
In documents filed in her home state of New Jersey this month, the singer of such classics as I Say A Little Prayer listed about $21,000 (£13,800) in monthly income and a similar amount in monthly expenses. | In documents filed in her home state of New Jersey this month, the singer of such classics as I Say A Little Prayer listed about $21,000 (£13,800) in monthly income and a similar amount in monthly expenses. |
Her publicist said she had "repeatedly attempted to offer re-payment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed". | Her publicist said she had "repeatedly attempted to offer re-payment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed". |
Warwick, cousin of the late Whitney Houston, won her first of five Grammy awards in 1968 with Do You Know The Way To San Jose? | Warwick, cousin of the late Whitney Houston, won her first of five Grammy awards in 1968 with Do You Know The Way To San Jose? |
Her second came two years later, for the album I'll Never Fall In Love Again. | Her second came two years later, for the album I'll Never Fall In Love Again. |
She has sold more than 100 million records and has enjoyed more charts hits than almost any other female singer. | She has sold more than 100 million records and has enjoyed more charts hits than almost any other female singer. |
Last March, Warwick celebrated 50 years in show business with a special event at the Grammy Museum in Los Angeles. | Last March, Warwick celebrated 50 years in show business with a special event at the Grammy Museum in Los Angeles. |
To mark the anniversary she released Now, an album featuring new versions of some of her most famous songs. | To mark the anniversary she released Now, an album featuring new versions of some of her most famous songs. |