Legal Issues: Former Business Partner Claims Russell Simmons And Rev Run Cheated Him Out Of Millions

A former business partner to Russell Simmons and Rev Run is claiming the brothers cheated him out of millions. (Read More For Story)

Former Run Athletics president, Rasheed Young, had his lawyer send a letter to the brothers last fall, Alleging the brothers were hiding the money, which is potentially owed to him.

According to our friends at TMZ:

“Russell Simmons’ and Reverend Run’s business partner has declared war on the hip hop moguls — claiming they’ve hijacked MILLIONS in profits from their kids shoe company … and now, he’s gearing up to sue.

Lawyers for Rasheed Young — President of Run Athletics — sent Russell and Rev. Run a letter back in November, accusing the brothers of secretly funneling millions in revenue from their Pastry brand of footwear … into a company that Rasheed isn’t a part of.

Rasheed claims Pastry has raked in tens of millions in sales — and so far, he hasn’t seen a penny of it.”

Young has promised to sue the brothers if he is not payed what is owed to him, being that the brand was extremely successful.

Honestly i can vividly remember seeing this guy on episodes working with Vanessa and Angela on their “Pastry” line, and he has not been paid a dime 😳…. I would have sued them yesterday😒! Like seriously.

Thoughts?