At first glance, Bethenny Frankel's new boyfriend Michael A. Cerussi III seems like a perfect match: He's hunky, nine years younger than her and a successful financial advisor from a wealthy family.

But Breaking Celebrity News has exclusively learned that Cerussi was kicked out of college after a schoolmate accused him and his fraternity brother of raping her during an incident in 2000. He vehemently disputed the allegations and filed a lawsuit against the school and his accuser in a bid to maintain his innocence and be re-instated in school.