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Mack 10

Gets Totally Screwed in Court

1/22/2012 5:35 AM PST BY TMZ STAFF

Mack 10
Rapper Mack 10 has been victimized by the courts ... a judge is requiring him to pay a creditor a debt which includes interest that is totally illegal.

Mr. Mack borrowed $35,000 from Tadayuki Ito back on April 24, 2010. Under the terms of the deal, Mack was required to pay Ito $70,000 by August 31, 2010 -- in other words, 100% interest for a 3-month loan. That squarely violates California law, which prohibits "usury" -- i.e., excessive interest on loans.

On April 28 -- 4 days after getting the first loan -- Mack borrowed $65,000 from Ito, and agreed to pay back $130,000 by September 30, 2010 -- again, squarely violating the usury law.

Under California law, a creditor who charges interest that violates the usury law is entitled to NO interest from the debtor.

But here's what happened. Ito sued Mack, and Mack did not show up in court. The judge entered a default judgment -- presumably after looking at the 2 contracts -- in the amount of $229,668.86 -- which includes the exorbitant paybacks, as well as additional interest and attorney's fees.

It's baffling the judge enforced what is clearly an illegal agreement.

48 COMMENTS

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1.

bunny    

Mack 10 needs Harvey as his "representation." I thought Mack 10 fell off the face of this earth.

922 days ago
2.

Dustin    

It's "baffling" that someone wouldn't show up to a sorta important court date. The judge isn't doing anything illegal with this ruling if Mack doesn't send representation to court. I'm all for it.

922 days ago
3.

campy    

I feel so safe knowing that the enforcers of our laws know it so well. Probably an overweight, white, alcoholic of a judge that pleasures himself under his robe with sexual toys.

922 days ago
4.

Liz    

My husband is a victim from CA courts as well. In a child support case. Forced to pay 65% of his income in child support. No lawyer wants to touch his case. They say it is what the judge says

922 days ago
5.

Julies    

Blah Blah Blah..Who Cares???????

922 days ago
6.

Kevin    

Why did he not show up in court...piss off a judge and this is what you get. Guy sounds like a grade a fool...who would agree on paper to pay such a crazy amount of interest in the first place.

922 days ago
7.

Miss Lily Skye    

time for the judge to leave the bench..

922 days ago
8.

BouncersSuck    

Good story Harv. Nice.

Big Poppa

922 days ago
9.

harshita     

its clearly baffling the judge enforced what is exactly illegal...bt thankx for sharing the news.The way you write your article is damn interesting and eye catching,...

I would like to share something closely related article i find it pretty interesting..


http://jerkinfo.com/22/celebrities-who-have-saved-lives-in-real-life/

921 days ago
10.

Dee    

Obviously, Mack 10's azz didn't know it was illegal. Obviously he didn't know that if he didn't show the plaintiff automatically wins. Mack 10 is an idiot all around. I wonder if he paid T-Boz any damn child support with any of that money. He definitely owes her. #dumbazz

921 days ago
11.

UPYOURS    

Harvey, you know better. If a defendant doesn't show up in court, its automatically a default judgement to the plaintiff. Now the defendant can file to have the order vacated and another court hearing set, but he has to show up, which was his own stupidity in the first place.

921 days ago
12.

TJones    

Welp he's broke!

921 days ago
13.

janet    

Where was his lawyer. This clown didn't show up for court. That simple. YOU MUST show up for court. Legalizied loan sharking or not, it was an automatic default judgement for not showing up in court. That simple.

921 days ago
14.

Sienna Sacha    

Maybe you experts at TMZ don't get it, but JUDGES don't follow the law. . we are entering a lawless period in this society. .. the kenyan picks he laws he and Holder want to follow so why should anyone else follow the law?

921 days ago
15.

static    

I think the bigger point is he wasn't even going to pay anything back.

921 days ago
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