The financial unraveling of Michaele and Tareq Salahi has taken another giant step. The wacky couple, best known for their questionable attendance of a White House State Dinner, has another of its businesses in bankruptcy, RadarOnline.com has learned.
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Court papers show that America’s Polo Cup Inc. filed for Chapter 7 Bankruptcy protection late last month. Tareq Salahi is the company president.
The Northern Virginia Daily reports that the company grossed approximately $1 million since 2008 but currently owes over $320,000, mostly to a catering company that has already filed suit for non-payment.
As RadarOnline.com has previously reported, the publicity company that handled America’s Polo Cup for Salahi is also suing for non-payment. Tareq is also president of his family’s Oasis Winery which went into bankruptcy last year.
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The Salahis, who appear in The Real Housewives of DC, yesterday watched as the infamous red sari Michaele wore to that equally-infamous White House dinner was auctioned off. In that case, the couple claimed most of the proceeds were going to charity.