The Source Magazine has been hit with four lawsuits
in the past six weeks according to TheSmokingGun.com, alleging that the rap
magazine has not paid bills amounting to over $1 million dollars.
The lawsuits were filed in New York Supreme Court
and seek a total of $1.35 million dollars, $1.1 million of that being owed to
Gould Paper Corporation, a New York paper merchant.
The Source’s travel agent, Tzell Travel, is seeking
$142,351.68, claiming that The Source’s owners, David Mays and Raymond "Benzino"
Scott never paid for hundreds of airline tickets since last August and started
to fall behind on payments in October and November of 2003.
"Upon information and belief, Defendants
at all times knew and were fully aware that they did not have funds sufficient
to fully pay for the airline tickets and related charges being incurred by Tzell,"
the lawsuit reads.
Manhattan based lithographers Brita Litho Inc.
is seeing $30,000, while Nicholas Varney Jewels a 5th Avenue jeweler, seeks
$36,000 after a pair of earrings turned up missing after a 2003 photo shoot.
