The former business manager of the Black Eye Peas, as well as other titans of the music industry, is filing for Chapter 7 bankruptcy, according to a recent report from the Los Angeles Times.
Sean Larkin (far right), a 41-year-old veteran of the business side of the music industry, filed for bankruptcy protection this week in the U.S. Bankruptcy Court in Los Angeles, according to sources.
In his bankruptcy petition, Larkin reportedly estimated that his debts fall somewhere in the range of $500,000 to $1 million. Sources suggest that Larkin’s debt woes have been in the making for several years, as the business manager has reportedly made a series of unwise financial decisions.
Apparently, the Black Eyed Peas dismissed Larkin after learning that he had failed to file state and federal tax returns for years.