DC Househusband Tareq Salahi Takes Another Business Into Bankruptcy

Posted on Oct 03, 2010 @ 10:03AM

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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.

PHOTOS: Michaele & Tareq Salahi At The White House

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.

PHOTOS: Salahis At Bollywood Event In Hollywood

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.

EXCLUSIVE PHOTOS: At Home With The Salahis

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.

Michaele Salahi Auctions Off Her White House Sari

Salahis Hope Autographed Photos Will Help Pay Off Debt

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Why do people still do business with these two deadbeats? How stupid is that? They will cheat & refuse to pay what they owe every time! BRAVO, CANCEL THESE LOSERS BEFORE YOU LOOK LIKE A LOSER TOO!

by Katiemae
Posted Mon, 10/04/2010 - 8:12am

I think the Salahis should be jailed. It's very clear what their game is. I won't lower myself to insult their appearance. It's their actions that are criminal. I couldn't care less about their teeth or his face. That's ridiculous.

by Smooch1
Posted Mon, 10/04/2010 - 2:46am

Terrible people that are major manipulators. That said, read the posts here. Buck teeth? Huh? She has perfect teeth. And all this homophobe crap is really disturbing. I cannot tolerate reading this nonsense anymore. The posters are psychotic.

by Smooch1
Posted Mon, 10/04/2010 - 2:44am

Pathetic Trailer TRASH! I bet you two read every word posted about yourselves so you must know how pitiful America thinks you are! BRAVO, CANCEL THESE TWO WANNABE LOSERS ASAP!!! They are hurting your ratings!

by Katiemae
Posted Sun, 10/03/2010 - 11:18pm

There is something very wrong with these two pathological freaks.. I too think the same thing when I look at him. (gay face ) She seems like she is on drugs.. She is always out of her mind. And he is just a tool.

by Rockoutwithyour...
Posted Sun, 10/03/2010 - 8:31pm

Yet more business's not going to get paid, because of these two mishandling of money. Is the IRS next? They should be looking at these two, along with the FBI for crashing the White House dinner.

by UwishBitch
Posted Sun, 10/03/2010 - 1:19pm

First of all, these two are KNOWN DEADBEATS. Secondly, they keep going bankrupt because they spend whatever money they have pretending to be rich. They should be in jail for party crashing.

by Siobhan
Posted Sun, 10/03/2010 - 12:29pm