Tuesday, 30 October 2012

Toni Braxton Accused Of Fraudulently Wiring Her Ex- Husband Keri Lewis $53,490..Despite Being Bankrupt

She refiled for bankruptcy in 2010, after claiming she owed between a whopping 10 million and 50 million in debt.
Now Toni Braxton has been accused of fraudulently wiring a significant sum of money to her estranged husband singer Keri Lewis, according to the trustee of her bankruptcy estate.
The 45-year-old Un-break My Heart star, who was married to Lewis from 2001 - 2009, reportedly transferred $53,490 to her ex, apparently in order to evade repayments to bank creditors, according to website TMZ.
Lewis was said to have received the money after it was already designated to repay her debts.
Upon discovering the apparent fraud, the bankruptcy trust has in turn sued Lewis in order to regain the money.
In response to the allegations, Braxton's representatives told TMZ:
'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.'
They also pointed out that Braxton is taking the necessary means to prove that this is the case.
Braxton has been separated from singer Lewis since 2009.
The couple were married for eight years, and have sons Denim, 11, and eight year-old Diezel together.
Braxton's search for love after her split from Lewis was a major plot point in a season of her reality show Braxton Family Values.
Braxton has had her fair share of monetary woes in the past, and at times in her career has had contractual battles with record companies and management over the years.
Braxton originally filed for bankruptcy in 2008 after falling into huge debt.
At the time, she said: 'Most artists go bankrupt at some stage because you don't get your percentage [of the profits] till you pay back all the money the company has invested in you – and everyone coming into the business gets lousy deals at first.'
But she took her case to Congress, won a historic ruling that her recording contract was still valid despite her bankruptcy, and went back to work, going into profit the following year.


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