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Kimora Lee Simmons Denies Fraud Allegations + Asks Courts To Dismiss Russell Simmons’ Lawsuit Against Her

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Kimora Lee Simmons Denies Fraud Allegations + Asks Courts To Dismiss Russell Simmons’ Lawsuit In opposition to Her

The authorized battle between Russell Simmons and Kimora Lee Simmons continues to be going sturdy.

As previously reportedKimora Lee Simmons has been hit with a lawsuit by ex-husband Russell Simmons. Particularly, Russell Simmons accused Kimora Lee Simmons of illegally utilizing his shares from Celsius–an vitality drink firm–to cowl her new husband’s authorized charges. Kimora Lee Simmons‘ husband–Tim Leissner, an funding banker she married in 2014–pleaded responsible to cash laundering expenses again in 2018. To keep away from jail time, he agreed to repay the corporate–1Malaysia Growth Berhad–$44 million.

Within the unique submitting, Russell Simmons alleged:

“Understanding full nicely that Defendant Leissner would wish tens of thousands and thousands of {dollars} to keep away from jail time, keep out on bail and forfeit monies for sufferer compensation, [Kimora and Tim Leissner] engaged on this blatant fraud to attain that nefarious and illegal purpose.”

Now, Kimora Lee Simmons is asking the courts to dismiss the case towards her. She claims that the Celsius shares in query haven’t been offered. As a substitute, they’re allegedly solely being briefly held by federal authorities to function collateral for Tim Leissner‘s bond. Because of this, Kimora believes all fraud accusations towards her needs to be dismissed. Moreover, her lawyer added:

“On the time Defendants used the Celsius shares for functions of the bond in reference to the federal case, Lee understood and believed that Defendants have been approved to make use of the shares for the bond.”

It’s unclear when the pair is due again in court docket to debate the matter.

What do you concentrate on the scenario between Russell Simmons and Kimora Lee Simmons? Remark down beneath to tell us!

[VIA]

https://thejasminebrand.com/2021/08/30/kimora-lee-simmons-denies-fraud-allegations-asks-courts-to-dismiss-russell-simmons-lawsuit-against-her/ | Kimora Lee Simmons Denies Fraud Allegations + Asks Courts To Dismiss Russell Simmons’ Lawsuit In opposition to Her

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