Tuesday, November 01, 2011

Jacqueline Laurita Sued For $8M


Another Real Housewife, another scandal involving money that was allegedly improperly used. Jacqueline Laurita and her husband were sued for $8M because of the clothing company that was founded by her husband and his brother. Apparently the two brothers with the knowledge o Jacqueline were using the company as their personal piggy bank and drained about $8M from the company accounts. Uh oh. Apparently the money was used for private jets, gifts to family members, parties, lavish vacations and so much more. This also could have been the reason the company filed for bankruptcy. Radar Online got the court documents and it is pretty shocking what they spent the money on from the company. First of all they spent about $330K on 11 leased cars in a four year period. They spent like $2M on credit cards which was never paid. The family members were all getting $1M for doing no work. You get the feeling that someone might be going to jail.

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