Monday, February 17, 2014

Rihanna's Accountants Ordered to Pay Up

Last week news leaked that Rihanna was left practically broke after receiving bad advice from her accountants in 2009 [click here if you missed that].

According to reports RiRi's accounts have been ordered to pay her back...

From Page Six
“The defendants advised Ms. Fenty by e-mail that purchasing a home in Los Angeles ‘would be a good investment’ despite knowing Ms. Fenty was experiencing financial difficulties,” wrote Rihanna’s lawyer Edward Estrada. It was claimed that she lost $9 million, leaving her with just $2 million at the end of 2009. Rihanna’s lawyers claimed Gounis was aware the house she was buying was rotting from water and mold damage, forcing her to spend more than $1 million on improvements before selling it for nearly $2 million less than what she paid.
Rihanna fired the accountants and sued them for $35 million in 2012.
Now we are told the firm has offered the singer a settlement of more than $10 million, and papers are due to be signed this week.
Reps for Rihanna, whose financial position has vastly improved recently after earning enough to put her worth at about $43 million, and Berdon LLP didn’t get back to us last night.