Duane Martin Used Loan From Will And Jada To Pull Off Bankruptcy Scam
The actor reportedly used a $1.4 million loan from Will and Jada in his scam.
Actor Duane Martin is in a bit of a jam. The actor reportedly attempted to pull off a scam in regards to his ongoing bankruptcy case with estranged wife Tisha Campbell-Martin, using a loan he got from Will and Jada Pinkett Smith, TMZ reports.
According to legal documents obtained by the celebrity site, Martin tried to hide money in several hidden accounts for years, although he and Tisha reportedly filed for bankruptcy in Jan. 2016. Duane reportedly used a $1.4 million loan he got from Will and Jada through their company to buy a home and sell it later for a bigger profit "with the intention of pocketing the sales."
Martin was also raked in hundreds of thousands of dollars from a clothing store and real estate investment but failed to disclose that information in his bankruptcy report.
He only got caught after Tisha filed for divorce in Feb. 2018. She later claimed that her ex had been hiding money during their marriage.
Now that everything is out in the open, authorities are asking for Duane to turn over all of the cash that he's been hiding. Tisha Campbell is also seeking money from her ex-husband. According to their divorce court documents, Tisha alleged that she tried to persuade Duane to tell the truth about the scam. When he refused, she decided to reveal the scandal in order to "avoid jail and be there for their two children."