Entertainer Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch set for this week was averted after a loan on the California property was sold to Colony Capital, a large real estate investment firm. The formerly high-flying singer and songwriter saw his career slammed after a child molestation trial in 2005. Even though he was acquitted on all counts, he has faced significant financial problems in recent years.
Rico says he's faced significant problems on a lot of fronts in recent years; where is Michael Jackson these days, anyway?
11 May 2008
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