The LAPD is reportedly investigating Dr. Dre‘s estranged wife for embezzlement.
After Nicole Young allegedly took out hundreds of thousands of dollars from the bank account of Dre’s Record One Studio, his business partner Larry Chatman has gone to the police. According to TMZ, Chatman filed a report with the LAPD claiming Young stole a total of $385,029 from the company’s bank account. Dre is not involved in the investigation, however.
Chatman previously threatened Young with legal action in September after she reportedly wrote herself a $353,571.85 check from the company’s bank account weeks prior amid her divorce from Dre. She was previously named a trustee and signatory on the LLC’s checking account, but Chatman says Young was removed following her split from Dre in June.
Chatman alleges a second check for $31,457 came two days after she received notice of no longer being on the board or account, but Young’s legal team is defending their client’s innocence.
After calling the first accusation a “low-grade PR stunt,” Young’s attorney Bryan Freedman dismissed the second claim as slander.
“This is a clear attempt to smear Nicole’s name,” Freedman told TMZ in September. “As people are well aware, banks do not give out money to people who are not authorized to receive it.”
Young could face jail time if convicted.
Nicole, Nicole Nicole!! An out of court settlement was always a better path than the pursuit of vengeance and embarassment. It’s all fun and games when you’re the one dishing the dirt, but when it’s done back to you the ride can get real rough. She already lost the main case. We’ll see what the court says about this one but she can hold this second L for now.
“As people are well aware, banks do not give money to people who are not authorized to receive.”
Hahahaha ?!!!
That’s a classic dumbass lawyer rebuttal if I ever heard one. Stick with that as your defense man, blame the bank, as if to say Fraud has never occured at a Bank lol. Good luck!
Lmao exactly. I guess they don’t remember the banks roll in the 2008 recession
That lawyer sounds like a real crook. He needs to go to jail together with her. Lol
yeah that’s true. it happened to me once.
Im pretty sure there multiple names attached to the account obviously just cause your name is on the account doesnt mean its your money to do with as you please. Especially in a business setting where everything is accounted for. If you had a bank account or a business you would know this.
When tha prenub hits different
Dr. Dre has turned the table on this one. His soon to be ex wife has some explaining to do.