Toni Braxton Accused of Fraudulently Moving Money To Avoid Creditors
Black Enterprise Magazine September/October 2018 Issue

Toni Braxton has been accused of fraudulently transferring tens of thousands of dollars to her husband in order to get around paying back some of her creditors.

According to TMZ, court documents show that the trustee in Braxton’s bankruptcy case are suing the R&B singer’s husband, Keri Lewis, to get back the $54,490 they are owed.

According to new docs filed in Toni’s ongoing bankruptcy case, Toni’s estranged husband Keri Lewis received the 5-figure sum after Toni’s money was already earmarked to repay creditors. …

A rep for Braxton tells TMZ, “All of the payments made to Lewis prior to Toni’s bankruptcy filing were appropriate transfers for reasonable and necessary personal and business expenses in the ordinary course of her business.”

Braxton filed for bankruptcy in 2010. She is estranged from Lewis.

Read the full story at TMZ.

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