Popular 1980s comedian Sinbad has come upon hard times. Last week, he filed for BANKRUPTCY, claiming he owes up to $50 MILLION and has less than $50K in savings. Among the debts he owes is $8 million in back taxes.
But it gets worse, Sinbad's lawyers have petitioned to have HIS ASSETS AUCTIONED OFF orderly. Sinbad currently lives in a $1.5 million home in Los Angeles that the government claims he owns, even though it's in his brothers name.
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