Dr Dre and ex-wife Nicole Young are still fighting for the former couple’s massive fortune, and now the legendary rapper accuses him of stealing money from his recording studio business .
According to new legal documents obtained by The Blast, Dr. Dre and his business advisers are suing Nicole for “stealing” money from the accounts of the “Recording One” studio in Sherman Oaks. In the record, a company was formed in 2015 – 13849 Ventura, LLC – for the purpose of operating a recording studio.
The documents indicate that Dr Dre and his ex-wife were on the company’s list to be involved in “the maintenance and control” of its assets. So the company claims to have given Nicole the power to draw checks and transfer funds for the company. Now, according to the lawsuit, they claim Ms. Young “decimated” the bank account and withdrew $ 353,571.85. Of course, that was back when Dre and Nicole started their divorce proceedings, and it has since been removed from the business trust.
Dr. Dre accuses his ex-wife of stealing money from the company’s bank account
Now they have taken legal action against Dre’s ex-wife, claiming that she “flagrantly” violated her fiduciary duties by “embezzling and stealing money from (the bank’s account). business) and using the money for own personal obligations â.
Interestingly, the lawsuit claims that Nicole violated Penal Code 496, which reads: âAnyone who buys or receives property that has been stolen or that has been obtained in any way constituting theft or extortion, knowing that the property is to be stolen or obtained, or who conceals, sells, withholds or assists in concealing, selling or withholding any property of the owner … will be punishable by imprisonment in the county jail for a maximum period of time one year.
As we have reported, Dre’s camp communicated details of this same situation and LAPD investigated the incident for possible criminal charges.
At this point, it seems the couple’s legal teams are still at war, and that’s just another argument that could be settled in their ongoing divorce. Our sources say, Nicole – who is replaced by Samantha Specter – already returned the money – which was withdrawn from the account while the couple were still married and she had every right to move the money.
Just a divorce battle tactic ?!
As we reported, Dr. Dre is now paying alimony to his ex-wife while the ex-couple negotiates a final settlement. It looks like this could be a tactic to shake up serious negotiations. The couple are currently fighting over a colossal fortune worth nearly a billion dollars. The rapper claims his ex-wife signed a marriage contract that essentially gives him nothing, but she fights it by claiming the deal was not valid.
We broke the story, Dr. Dre was recently ordered to pay his ex-wife almost $ 300,000 a month in spousal support. If you do the math, that’s $ 3.5 million a year. The point is clear if the rapper is paying almost the same amount of the disputed money in this lawsuit – ONE MONTH – so why are they arguing in the first place ?!
Well, as they say … divorce is a …