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Saturday, March 25, 2006
Michael Jackson To Give Deposition

Michael Jackson has landed in New York City.

The boy-crazy pop superstar is at an unknown location in town to give a deposition in the $48 million lawsuit filed against him by Prescient Partners, a k a Darien Dash, cousin of hip-hop mogul Damon Dash.

Foxnews.com's Roger Friedman reports that the scandal-scarred singer or someone representing him - possibly his brother Randy - signed an agreement that if Prescient could find him financing to buy out his Bank of America loans, Jackson would pay them a 9 percent fee.

Prescient claims it found more than $500 million in financing from Fortress Investments. Now Dash wants his money. It's one of several pressing financial problems that have brought Jackson back to the United States from Bahrain, the Middle Eastern nation to which he moved after his acquittal on child-molestation charges.

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