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Wednesday, April 08, 2009

  • Thieves Steal Kurt Cobain’s Money and Stuff Worth $750 million
  • Courtney Love claims Kurt Cobain's $750 million legacy has been stolen.

    The singer says the staggering $45 million cash and $705
    million worth of other assets - which she was left when the Nirvana star
    committed suicide in 1994 - has gone missing after thieves set up bank
    accounts and made property deals in her name.


    © Wenn.com

    Courtney's lawyer Rhonda 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. We've only been able to track down $30 million, but there
    is more. And then there is the real estate
    .

    "There is now a web of homes which were bought, flipped and used to launder
    money - up to $500 million worth. Any of the property we can get back will
    be donated to people who have lost their homes in foreclosures
    ."

    According to the lawyer, Courtney - who has a 16-year-old daughter Frances
    Bean
    with the late rocker - only noticed the missing money "when there
    wasn't any left" and blames those entrusted with looking after Kurt's estate
    for "shamelessly looting it
    ".

    Holmes added: "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. She hired private investigators, accountants and
    me
    .

    "We are also working with local and federal authorities. When Mr. Cobain
    died in 1994, he left his enormously wealthy estate behind for the benefit
    of his mother, two sisters, a brother, his wife and young daughter. Many of
    those involved with the estate's coffers mismanaged, stole and outright
    looted it shamelessly
    ."

    Last March, Courtney claimed she was a victim of identity fraud, but police
    were said to be skeptical about her allegations.

    In an online rant in May, she alleged her attorney and accountant had been
    using her name to sign fake checks and appealed for the help of a lawyer.

    WTF. How does this happen really.

    Filed under: CelebrityCourtney LoveLawNews

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