Quantcast

Toni Braxton Accused Of Fraud In Bankruptcy Case

Get the WebProNews Newsletter:
<
[ Life]

Toni Braxton has seen no end to her financial woes since 2010, when she filed for bankruptcy. Now, she’s facing legal troubles after being accused of transferring a large sum of cash to her estranged husband, Keri Lewis, in an alleged attempt to avoid paying creditors.

According to TMZ, the bankruptcy trustee is now suing Lewis to get the money–$53,490–back where it belongs, and is accusing Braxton of fraudulently transferring the funds to Lewis’ account. She maintains that the transfer was perfectly legit, however, and released a statement through her rep:

“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.”

Braxton originally filed in 2010 with an estimated debt amount of up to $50 million. TMZ reported a list of her creditors, which included AT&T, The Four Seasons Hotels, Cedars-Sinai Medical Center, Neiman Marcus, The William Morris Agency, and Tiffany & Co.

Toni Braxton Accused Of Fraud In Bankruptcy Case
Top Rated White Papers and Resources
  • 90210

    She should just Pose for playboy in a milli dolla deal! That will Pay off all of this collection agency bs!

  • Joaquín

    “Unbreak my bank account”. :D

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom