ROCK STAR ROOKED BY HER OWN CREW!
HOW COULD YOU DO THIS TO ME, GUYS?I worked for Courtney Love doing star consults (up to forty emails a day, for eight years). For the last few of those years, she confided that her BeverlyHills bank, her personal Manager boyfriend, her gal bookkeeper and her personal secretary gal had seemingly colluded in stealing large sums of money. The Bank had made her sign up with that bookkeeper or they said they wouldn't handle her account. STRANGE, no? The girl was just a bookkeeper, not a real bonded, licensed accountant. Why would bank make THAT conditional?
Well, here's why! No surprise, daily, dozens of checks went from that accountant's hand, signed, through her bank accounts to people that the star did not know. The bank saw this tsunami of checks but never stopped paying them. They were addressed to people who had those anonymous post boxes that thieves rent. The bank and the bookkeeper paid all these unknown people, dressmakers, hatters, antiquarians, unknown designers, ostensible memos for bridles and saddles but for folks the star had never used! $10,000 a day drained out of her accounts. This same bank had done this to a big basketball star, draining him of millions. Name was available on request back in 2008 but I no longer remember it.
One night, Courtney wanted to see if her boyfriend/ manager was in on it. She broke a window to go into the house that SHE HAD RENTED for her boyfriend/ manager (she'd also rented him a Porsche) A neighbor heard the glass break and called cops, got Courtney arrested by the police. That arrest was good in a way, it got her into rehab and she popped back even stronger. She then got a private detective to locate properties all over America that this boyfriend manager had purchased -- using her money. The detective and travel agent found plane tickets that proved her boyfriend/ manager had traveled on trysts with her secretary! There were plane trips to foreign countries where ostensibly, they'd carried cash on their person to a Swiss bank. Millions in cash dollars carried illegally offshore to Switzerland.
She went to the FBI, to the Attorney General in New York State (Cuomo) and began seeking lawyers and accountants to handle the case. That was a few years right there. Meanwhile her checks to me were bouncing, but I understood. I was going to be a good kid. I stuck with her until 2007 when I guess she disappeared in shame. I'm not sure. She told me that she'd discovered chanting worked better than astrology. I didn't push, knowing that all this horror was going on. She told rock magazines about it but nobody believed her. She went on Dave Letterman and told him, and nobody reacted. People heard her and tuned it out. The biggest single celebrity embezzlement since Doris Day's entire fortune got taken by her own husband, Marty Melcher!
During the next year, I read that she has begun working with the right team of lawyers and forensic accountants. An online entertainment newspaper said:
" Courtney Love is claiming that the fortune left to her by her late husband Kurt Cobain, including at least $30m in cash and $500m in property, has been stolen by employees who were supposed to be managing the inheritance. She says they have drained the Nirvana frontman's estate, using the identities of Cobain, Love and their 16-year-old daughter Frances Bean (pictured with Love) to buy and sell a network of property across the United States.
Rhonda Holmes, a San Diego lawyer representing Love, said: "Courtney noticed the money was gone when there wasn't any left. It's no secret she struggled with substance-abuse issues, but in the last year she's taken a more serious approach to sobriety and started noticing things were wrong."
As a result, Love hired private investigators and forensic accountants to track down the thieves. She is now preparing to go to court in California. But instead of keeping whatever property she is able to recoup, she claims she intends to create a foundation and give it away to Americans whose homes have been repossessed during the recession.
Holmes said: "I have never seen such greed and moral turpitude... We will be filing civil cases within the next 30 days. There are many, many millions missing."
The lawyer claimed that dozens of people had been involved in the serial thefts. "In some cases," she said, "they wired money to themselves, wired money to friends, wired money to others, bought anything from cars to homes for themselves, others, stole jewellery... items that were Kurt Cobain's - guitars, photos, memorabilia, you name it."
Holmes said that the stolen money and property had been laundered through the purchases of a network of homes across the US. "This case is going to make Bernie Madoff look warm and fuzzy," she said. "It's a pretty bad scene."
What can we learn? Rules come to mind. Never let employees get chummy with each other. Don't hire family members of employees. But families are loyal, not thieves. Maybe don't have money dealings with sweethearts as nobody gets more bitter than your ex lover and bitter people steal for revenge. Yes. that one. But that rules out marriages where money is co-mingled and co-handled.
Is there a way for a big star to achieve money security when her manager, accountant, banker and secretary all have a way to get at your bank account? Well yes. A proper accountant. But this bookkeeper was stipulated or mandated by the very bank. That is one collusion too many! She told a reporter about it on a video: https://www.youtube.com/watch?v=MpANNaJQSOs
What amazes me is that she went to living in a one room flat with Frances Bean and nobody ever heard the story again. She says 70 million is missing.<=== BACK TO THE FRUGAL TIPS and CHEAPO LIFESTYLE WEBPAGE
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