![]() Russell’s continued aggressive behavior not only blatantly distorts the facts, but is simply a desperate PR ploy ignoring the years of mental and emotional anguish, gaslighting, and ongoing harassment he has inflicted on Kimora. In a statement to the Daily Mail, representatives for Lee said, “Kimora and her children are shocked by the extortive harassment coming from her ex-husband, Russell Simmons, who has decided to sue her for shares and dividends of Celsius stock in which Kimora and Tim Leissner invested millions of dollars.” The statement continued, “This is an ill-advised attempt by Russell to use the legal system to access funds he is in no way entitled to, and which his own legal team confirms Russell did not pay for. I am shocked and saddened to see how your side has behaved in response to my repeated attempts to get an agreement from you to rightfully and legally reaffirm my 50% of the Celsius shares which have been locked up with the government after being used for your husband’s bail money.” “I have never said no to any request and have always gone against my own council to offer up much more than any judge would ever require of me in order to keep the peace. ![]() “Throughout my entire decades-long partnership with you I’ve done everything and anything to protect and promote our family,” he wrote. In the filing, Simmons quoted a letter he wrote to Lee in an attempt to “reaffirm my 50% of the Celsius shares” without getting the court involved. In 2016, Lee and her now husband joined Simmons’s investment company, Nu Horizons, which is allegedly how these problems all began. Simmons and Lee were married from 1998 to 2009, despite breaking up in 2006, and have maintained a friendly relationship ever since, according to People, as both business partners and coparents to their two daughters, Ming and Aoki. It also accuses the couple of breach of contract and breach of confidential relations. The Def Jam cofounder filed a complaint earlier this week, obtained by People, in which he claims that Lee and Leissner conspired to fraudulently transfer almost 4 million shares of the energy-drink company Celsius to their accounts in order to help pay for Leissner’s legal and bail fees for a 2018 money laundering case in which he pleaded guilty. He is cooperating with prosecutors during Ng’s trial ahead of his sentencing which is scheduled to happen later this year.Russell Simmons is taking his ex-wife, Kimora Lee Simmons, and her current husband, Tim Leissner, to court, accusing the couple of fraud. Leissner pleaded guilty to conspiracy to launder money and violate anti-bribery laws in 2018 and has agreed to forfeit $43.7 million. Ng’s attorney argues marital privilege doesn’t apply since Leissner testified he twice “faked” his divorce from two women in order to remarry, and that he exchanged vows with Simmons while still legally wed to his previous spouse. The former fashion model’s lawyers are denying the allegations made against her, and her team claims any communications between Simmons and Leissner are protected under marital privilege laws and are thus inadmissible in court, not so fast though. Additionally, the financial firm paid nearly $3 billion to authorities in four countries to end an investigation into work it performed for 1MDB. In 2020, the firm reached a $3.9 billion settlement with the Malaysian government for its role in the multi-billion-dollar corruption scheme, the largest monetary penalty ever assessed under corporate criminal bribery law. Goldman Sachs reputation and actually money has taken a huge hit due Leissner, Ng and Low. The embezzlement drama continues with Simmons being accused of helping her ex hide $80 million which was stolen in the $4.5 billion 1Malaysia Development Berhad (1MDB) corruption scandal, and cost Goldman Sachs billions of dollars around the world to settle. She’s still very much involved in his legal troubles while he testifies during the trial of his co-conspirator Roger Ng. High finance, hip hop fashion royalty and the Department of Justice have collided, even though Baby Phat honcho Kimora Lee Simmons called it quits with her estranged husband Tim Leissner, a former Goldman Sachs partner in Asia. (Photo by Araya Diaz/Getty Images for The Weinstein Company) Getty Images for The Weinstein Company Company & Netflix's 2014 Golden Globes After Party presented by Bombardier, FIJI Water, Lexus, Laura Mercier, Marie Claire and Yucaipa Films at The Beverly Hilton Hotel on Januin Beverly Hills, California. BEVERLY HILLS, CA - JANUARY 12: Kimora Lee Simmons (L) and Tim Leissner attend The Weinstein.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |