Toni Braxton Bankrupt, Accused of Fraudulent Money Transfer
A bankrupt Toni Braxton is being accused of fraudulently transferring
more than $50,000 to her husband in funds that were supposed to go
towards her bankruptcy.
The allegations were made by the trustee of the R&B singer’s
bankruptcy, who claimed Braxton diverted $53,490 to her estranged
husband, Keri Lewis, TMZ reported.
The
“Breathe Again” singer, 45, filed bankruptcy in 2010 after she was
forced to cancel a concert tour in 2008 due to health problems.
Braxton’s bankruptcy filing indicated she was between $10 million and $50 million in debt.
Braxton, a multiple Grammy winner, denied the trustees claims through a representative.
"All of the payments
made to Lewis prior to Toni’s bankruptcy filing were appropriate
transfers for reasonable and necessary personal and business expenses in
the ordinary course of her business,” her rep told TMZ.
Braxton’s
attorney, Debra Grassgreen, said the singer’s bankruptcy filing will
allow her to pay back her debt and sell property that is under water in
Atlanta.
The most recent filing marked the second time Braxton
filed for bankruptcy. She went through the process for the first time in
1998.
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