Entertainment
R Kelly Reportedly Hiding Money In His Friend’s Bank Account
Feds Says R Kelly Has Been Hiding Money In His Friend’s Account
R Kelly has allegedly been diverting his money into his friend’s bank account according to the feds. The disgraced R&B singer has lots of money in stock with his close pal.
Although, R Kelly insists he is broke, using his illiteracy and shady employees as an excuse. He claims they’ve milk him dry without his knowledge.
Kelly’s defense attorneys often cite his lack of funds when requesting bond as a reason for him not be able to flee the country.
Well, federal prosecutors aren’t buying all of that and according to them, those excuses are false.
Page Six reported that the feds claims “The defendant continues to receive hundreds of thousands of dollars in connection with royalties he is owed for his music.”
Furthermore, “The government’s investigation has revealed that earlier this year, the defendant re-directed those royalties to the bank account of a childhood friend.”
“Regardless of where those funds are being held, however, they belong to the defendant and, at any time, the defendant can redirect those funds and future royalty proceeds earned to an account in his name.”
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