News

Kimora Lee Simmons reportedly refuses to leave $25m Beverly Hills mansion bought with stolen funds

Spread the love

American model and reality TV star Kimora Lee Simmons is reportedly locked in a legal battle over a luxury Beverly Hills mansion allegedly purchased with embezzled money by her estranged husband, Tim Leissner.

According to court filings, the seven-bedroom estate — located in Beverly Hills — was bought in 2017 using funds stolen from Malaysia’s sovereign wealth fund, 1MDB, Daily Mail reported.

The property was later sold to billionaire real-estate brothers, but documents claim Simmons has continued living there since November 2020 without paying rent.

Reports also state she filmed her reality series inside the mansion, which sits on about 3.7 acres and reportedly houses hundreds of designer handbags.

Leissner, a former banker, recently turned himself in to serve a two-year prison sentence after pleading guilty to conspiracy and money-laundering charges tied to the 1MDB scandal.

A court hearing to determine ownership and possession of the disputed property is scheduled for later this month.

The situation has stirred reactions online, with many divided over whether the dispute is a legal matter or a moral one tied to the scandal surrounding the home’s purchase.

Fidel Perez

Recent Posts

Nigerian father of two shot de@d in South Africa

A Nigerian man identified as Olatunde Olaleye, has been shot de@d in South Africa. The…

2 weeks ago

Husband in court to support wife who k!lled their 2-year-old son

The husband of a woman accused of hanging their 2-year-old son supported her in court…

2 weeks ago

“If you want to talk about Davido all the time, we can’t be friends” — Davido’s sister Sharon lists 13 reasons people may not want to be her friend

Sharon Adeleke, sister of Nigerian singer Davido, has shared a list of reasons why people…

2 weeks ago

Petrol costs N3,000 per litre in UK, Nigerians are enjoying – Governor Okpebholo

Edo State Governor Monday Okpebholo says that Nigerians buying fuel around N1,400 per litre are…

2 weeks ago

Actress Margot Robbie changes her name after nearly 10 years of marriage

Hollywood actress Margot Robbie has quietly taken her husband Tom Ackerley’s surname nearly 10 years…

2 weeks ago

I did not leave Anambra with $123m debt; I left over $150m in funds – Peter Obi

The presidential candidate of the Nigeria Democratic Congress, (NDC), Peter Obi, has dismissed claims that…

2 weeks ago

This website uses cookies.