Monday, October 29, 2012

Toni Braxton Accused of Fraudulently Transferring Money


Toni Braxton filed for bankruptcy in 2010 claiming between $10 and $50 million in debt [click here if you missed that], and now she's being accused of fraudulently transferring money to avoid paying her creditors...

From TMZ
Toni Braxton fraudulently transferred $53,490 to her estranged husband in order to avoid paying back creditors in her bankruptcy case -- so says the trustee of Toni's bankruptcy estate.
According to new docs filed in Toni's ongoing bankruptcy case, Toni's estranged husband Keri Lewis received the 5-figure sum after Toni's money was already earmarked to repay creditors.