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Russell Simmons Files Lawsuit Against Kimora Lee Simmons, Alleges Fraud
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Russell Simmons Files Lawsuit Against Kimora Lee Simmons, Alleges Fraud
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Russell Simmons Files Lawsuit Against Kimora Lee Simmons, Alleges Fraud
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
Russell Simmons suing ex-wife Kimora Lee and her new husband
Russell Simmons discusses the documentary Romeo Is Bleeding (Photo by Derrel Jazz Johnson for rolling out)
Def Jam Records founder and hip-hop mogul Russell Simmons has filed a lawsuit against his ex-wife Kimora Lee Simmons and her new husband Tim Leissner.
The record executive is suing the pair, claiming they stole stock shares from his Celsius Energy Drink company to pay for attorney fees for Leissner. Russell claims that his shares are being used as collateral to pay a bond in connection with criminal charges filed against Kimora’s new husband by federal authorities.
Russell Simmons and Kimora Lee Simmons are heading to court.
Simmons is suing his ex-wife and her husband Tim Leissner for reportedly taking his shares out of the energy drink company, Celsius. He claims that the shares are being used as collateral for Leissner’s bail.
In 2018, Leissner pleaded guilty to criminal conspiracy to violate the Foreign Corrupt Practices Act and conspiracy to commit money laundering.
According to TheJasmineBrand, Russell has argued that Kimora, “knew full well that Leissner would need tens of millions of dollars [$44 million] to avoid jail time, stay out on bail, and forfeit monies for victim compensation.”