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(Gossip-Grind News) Is R&B Singer Ginuwine Broke?:

R&b singer Ginuwine, once one of the biggest stars of the 90’s, is reportedly broke. Ginuwine is allegedly on the verge of bankruptcy, as a result of mounting lawyer fees, a recent divorce, and back taxes owed to the I.R.S..

The singer, who’s last album was a joint effort with Tyrese and Tank, as a member of the r&b super group TGT, is being sued by Robert Reives who executive produced his 1996 debut album, The Bachelor. Reives claims that Ginuwine owes him royalties from a $1.25 million five-album deal he signed with Sony.

The news of the downfall came during a pretrial hearing pitting Ginuwine — real name Elgin Baylor Lumpkin — against Robert Reives, executive producer of his hit debut album, “The Bachelor.”

“Mr. Lumpkin is very close to declaring bankruptcy,” Ginuwine’s lawyer, Bruce Beckner, said. “He owes my firm a ton of money and a bunch of other people a ton of money. He owes Uncle Sam 300-odd thousand dollars in back income taxes.”

Beckner attributed the money trouble to a recent divorce from his wife, the rapper Solé.

Reives says he is owed royalties from a $1.25 million five-album deal Ginuwine signed with Sony, and seeks as much as $250,000.

Ginuwine argues that Reives’ claim falls outside the statute of limitations, and that he isn’t owed anything. The two sides will argue their case in Manhattan Federal Court Monday. (NY Daily News)