Nikko has never even seen $1 million in his life!
Nikko And His Wife Margo Sued By Music Company For A Million
LHHATL stars Nikko and former girlfriend Mimi Faust may have brought in a whopping $100k for their shower-rod freaky flick but according to new reports, the reality star will need a little more to pay off a new lawsuit he’s facing…
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.
Sounds like Nikko and his wife have been running game on people for a minute. Mimi better thank Black Jesus that she figured out his scheming azz before she was helping him pay off this $1.1 lawsuit.