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Damn, Nicole!!!

Eddie Murphy’s ex wife Nicole has blown her massive $15 million divorce settlement in just four years – and now she’s millions of dollars in debt.

What’s more, the IRS has slapped her with five tax liens totally $846,630, and she has put her opulent mansion up for sale. When Nicole divorced Eddie in 2006 after 13 years of marriage, she chose to take a one-time payout from the comedian of $15 million, instead of monthly alimony. But in a shockingly short span of time, she’s managed to lose all of it.

“Nicole made some bad investments with the fortune she got from Eddie, and now she is in serious financial straits,” said a friend of the 42-year-old stunner. Court records show that the IRS slapped Nicole with two liens for back taxes in November totaling $214,688.

That huge bill was on top of outstanding judgments against her for nearly $600,000 by a legal firm and another $60,000 demand for payment by a landscaping company. She also owes $5 million on her Los Angeles-area home.

“Nicole is overwhelmed by the mountain of debt she has piled up,” added the source. Nicole, who has five children with Eddie, invested in an Internet jewelry business, but the venture quickly failed and Nicole lost most of her money.”

Too bad she ran through all that paper!!! tsk tsk…

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