Latin music superstar Romeo Santos is suing his accounting and business management firm, claiming more than $2 million (£1.5 million) in losses.
In a lawsuit filed in Miami federal court, the Grammy-nominated artist alleges the firm now known as BDO failed to file his complex, multi-state tax returns correctly and let his large cash balance sit idle in his checking account, “earning nothing”.
In his complaint alleging malpractice and gross negligence, he says the firm erroneously reported him as a full-year non-resident of New York on his 2021 tax return, triggering an audit.
He claims the return filed on his behalf was not “incoherent”, according to the lawsuit obtained by Rolling Stone.
The self-proclaimed King of Bachata further claims the firm also failed to fund his IRA and debited funds from a Santos account without authorisation following its termination.
Santos is demanding a jury trial.
The Bronx-born singer, who rose to fame as the lead singer of the group Aventura, was voted Latin Songwriter-Artist of the Year by the American Society of Composers, Authors and Publishers (ASCAP) in May this year.
He’s also known for his duets with R&B stars including Drake, Usher, and Nicki Minaj.
