Kimora Lee Simmons Refusing to Leave Mansion Bought with Ex Hubby's Ill-Gotten Gains

Last year Kimora Lee Simmons' ex husband, Tim Leissenr, was sentenced to two years in prison for his involvement in the Malaysia's 1MDB sovereign wealth fund fraud [click here if you missed that].

Now Kimora is refusing to leave the mansion Tim bought her stolen money...

From The NY Post

Entrepreneur and reality TV star Kimora Lee Simmons has spent around five years living in a legally contested $25 million Beverly Hills mansion purchased by her estranged husband with money he stole from 1MDB — a Malaysian sovereign wealth fund at the heart of one of the world’s largest multibillion-dollar frauds in history, The Post can reveal.

Simmons has not made mortgage or rent payments in that time, per court docs, and she’s allegedly refusing to vacate the house.

She is claiming that her estranged husband, disgraced banker Tim Leissner, sold the property fraudulently and without authority to real estate moguls the Reuben brothers.

The seven-bedroom estate, which sits on 3.7 acres in the heart of Beverly Hills, can be seen, at least from the outside, in her current reality show, “Kimora: Back in the Fab Lane”.

But what will happen to the property remains unclear as the legal dispute enters its fifth year.

The ongoing civil dispute over possession, title and liability stems from the distressed refinancing and sale-leaseback of the luxury property.

A trial-setting conference is slated for Feb. 25. (Leissner has yet to comment, or actively participate in the case, although he was personally served in New York on Aug. 14.)

It all comes as Leissner, a German national, surrendered to federal prison in Allentown, Pennsylvania, on Feb. 6 — eight years after he pleaded guilty for his role in the $4.5 billion fraud.