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Courtney Catches Thieves, Tracks Down Family Money
By
Jen Carlson
Published Apr 7, 2009
Modified Apr 7, 2009
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By
Jen Carlson
Published Apr 7, 2009
Modified Apr 7, 2009
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It's really no secret that C. Lo has been dealing with some serious cash flow problems. Even if one isn't able to translate her many rants on MySpace or Twitter, there tends to be a common theme to the tirades involving mysterious Cobains popping up around the country and buying houses with her and Frances Bean's money. Or something. On March 18th she wrote, in part:
"we were just looking at Cobains over 100 years of age, there are none so these peopel ALL HAVE PROPERTY< they all own PROPERTY, there are 1000s and 1000s of these using my and my daughters surname. Kurt is DEAD. yet he owns under his ssn over 2000 properties, under a few other names even more, do you get it? they stole HIS money were forced to use HIS surname and bought REAL property."
further explains, "A team of investigators, forensic accountants and lawyers found that Cobain's estate had been looted of more than $30 million cash and up to $500 million in real estate." Love's lawyer noted they'll be filing civil cases soon, and told Page Six, "I have never seen such greed and moral turpitude. This case is going to make Bernard Madoff look warm and fuzzy." Love allegedly didn't notice the money was disappearing as she battled drug addictions, but once she sobered up began to connect the dots. So far they've tracked down $30 million, but will keep scouring the earth for the rest. In the meantime, Love is investing in some New York real estate for her and her daughter, though she told Heeb magazine she was dreading the move here.
Tagged
courtney love
fraud
kurt cobain
money
Jen Carlson
Jen Carlson is a former WNYC and Gothamist editor.
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