Kanye West was a forgery victim and the cost is huge ... nearly $1 MILLION ... sources tell TMZ.
Sources close to the situation tell TMZ, a guy Ye knew secretly contacted Philipp Plein, who is staging a big New York Fashion Week event this coming Monday. The guy misrepresented himself to Plein as Kanye's rep and began negotiations for Kanye to perform ... at a STEEP price.
Plein - Line - Sinker - Deal - Wherein
Plein apparently fell for it hook, line and sinker, and they made a deal wherein Kanye would supposedly pocket 7 figures and, in return,...