Pamela Anderson insists she is not penniless

London (ANI): Former 'Baywatch" star Pamela Anderson has denied that she is penniless, insisting that she owns a number of properties in the U.S. and Canada. The California Franchise Tax Board had in its annual list of delinquent taxpayers named Anderson, 43, as one of the main culprits, citing a 333,000-pound debt.

According to the Daily Mirror, the star is adamant she is far from being poor - because she snapped up several houses when she was making millions. “I have a beautiful home in Canada, nine little cabins on the dock that I"m building on Vancouver Island and a store in the front," the Daily Express quoted her as saying.

“That"s going to be kind of my sanctuary. I think eventually I"ll be out of LA. I have been building my place in Malibu for four years; it"s not finished yet," she said.

And she blames the economic crisis for her ailing bank account - because people who hired her couldn"t afford to pay up. “Everyone went through a lot in the last couple of years. The economic situation caused a lot of stress. People didn"t pay me, but it"s all sorted out now," she added.