Pamela Anderson Needs Less Debt and More Clothes

Pamela Anderson has a new business venture – which may come in handy if she ever decides to pay off the massive debt she's accumulated.

Always the exhibitionist, Pam flaunted her body at Air New Zealand Fashion Week for A*Muse, a new clothing line she's created with designer Richie Rich. Wearing sky-high heels, a sheer scarf and a pink thong, the 42-year-old worked the runway with the designer.

We're betting Pam hopes this new project brings in some extra cash.

According to many reports, the former Baywatch star is swimming in debt. The word is she owes over a quarter-million dollars in back taxes, has $200,000 in unpaid bills and is being sued by building contractors for more than $1 million. Anderson is said to have about $350,000 in the bank.

Still, another media report claims that Pam is throwing caution to the wind Down Under and is looking to invest in a beachfront property on New Zealand's Waiheke Island.

She's apparently fallen in love with Kiwi living, and got on the phone to tell her surfer boyfriend, Jamie Padgett, just how much.

"I told him he would love to dive and surf over here. I could really see us being happy spending holidays in New Zealand," Anderson says in a Stuff New Zealand article. "Buying a place is something I gotta do. Imagine being able to fly here for my holidays with the kids."

For her part, Anderson denies she's having money troubles. According to OK! Magazine, she attributes the rumors to "a dispute regarding work done by a contractor" but says everything else you've heard about her debts is false.

But hey, even if the rumors are true, at least Pam can be happy that her body looks so great!

Do you think Pam is really drowning in debt? Chime in below!


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