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Mo’ Money Taxes In Mo’ Trouble After Bounced Checks and Failed Tax Refunds

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Bounced checks, excessive fees and a headache is what many customers reportedly have been getting from Mo' Money Taxes after the franchise, who often televised witty and humorous commercials, allegedly failed to deliver as promised -- rapid refunds.

Tax preparation company Mo' Money Taxes, founded by Markey Granberry and Derrick Robinson in 1995, who shortly re-branded themselves as MoneyCO USA in 2010, has had more added to its legal woes following much heat after delayed tax refunds and the negative publicity that followed. The Memphis-based rapid refund loan and tax-preparation service is being sued by the Illinois Attorney General's office.

In the suit, which was filed by Cook County's Circuit Court Attorney General Lisa Madigan's office, Mo Money Taxes is being accused of tapping close to $1 million in hidden fees on taxpayers and annually filing tax returns without the authorization of the consumer that were also inaccurate.

The Illinois attorney general's office is hoping to shut down multiple locations ran by Mo' Money Taxes LLC and to give refunds totaling around $800,000 to the customers slapped with the hidden fees.



Meanwhile, other Mo' Money Taxes operated locations are also now being investigated including Illinois, Mississippi, Tennessee and Virginia after multiple complaints.

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Drumma Boy Launches “House Of Fresh” Streetwear Boutique Clothing Store in Atlanta

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Drumma Boy recently launched his new hip clothing store at a filmed grand opening in Atlanta. The new clothing store is called "House Of Fresh."



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Yo Gotti Signs With Jay Z’s Roc Nation, Drops New Song “Castro” With Kanye West

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It is official, Memphis rapper and businessman Yo Gotti has joined forces with hip hop mogul and also businessman Jay Z and has signed with the Roc Nation.

Roc Nation, an entertainment company founded by Jay-Z, already has quite the roster of artists with the likes of J. Cole, Big Sean, Rihanna, DJ Khaled, T.I. and many others signed with the company.
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The Hip-Hop Entrepreneurship Connection

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The history of the hip hop genre is an underdog story. Its roots go back to the 1970s where few made it out of tough inner cities to experience a taste of professional or financial success. Those who were left behind had little hope to cling to, but they decided to tell their stories through music and the rest is history. Today hip hop has grown to become an industry that generates billions of dollars per year and the top rappers and entertainers within the game have become savvy entrepreneurs. This transition happened because as unlikely as it seems, the connection between the world of hip hop and the realm of business is quite strong. Here's why hip hop became such a big money maker.
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