News

Menu

Toni Braxton Accused Of Transferring Money To Husband!

Toni Braxton has been accused of transferring $53,490 to her estranged husband to avoid paying creditors in her bankruptcy case.

The singer's estranged husband, Keri Lewis, received the money after it had already been earmarked to repay creditors, according to new documents filed in the ongoing case.

Now the appointed bankruptcy trustee who originally made the accusation is suing Lewis for the money.

Braxton filed for bankruptcy in 2010, claiming she was between $10 million and $50 million in debt but was only worth between $1 million and $10 million at the time.

A representative for the singer tells 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."

The rep adds Braxton will continue to be cooperative and provide the trustee whatever information is required to clear up the allegation.

Share This:

Post Tags:

Lion Dream Records

is an independent label created by an artist to better produce and promote other artists. With the lack of publishers to help talented local artists to broadcast their music, it was important that some one take the first step and lead the way to a new generartion of self made artists.

No Comment to " Toni Braxton Accused Of Transferring Money To Husband! "

  • To add an Emoticons Show Icons
  • To add code Use [pre]code here[/pre]
  • To add an Image Use [img]IMAGE-URL-HERE[/img]
  • To add Youtube video just paste a video link like http://www.youtube.com/watch?v=0x_gnfpL3RM