Dr. Dre Sues Ex-Wife Nicole Young For Allegedly 'Embezzling' $350,000 From His Business' Bank Account
Sept. 2 2021, Published 7:11 p.m. ET
Dr. Dre is coming for his ex-wife Nicole Young, claiming she's embezzled thousands of dollars from his business' bank account.
The 56-year-old rap mogul and his business advisors have reportedly filed a lawsuit against Young, alleging she stole and embezzled more than $350,000 from his company, Recording One studio in Sherman Oaks, CA.
Before their divorce proceedings, Dre. and Young allegedly both had access to the “maintenance and control” of the business' assets, reportedly giving her the ability to write checks and transfer funds.
But Dre claims Young "decimated” his assets by allegedly "embezzling and stealing" a whopping $353,571.85 from the company's account before they removed her from the trust.
He also alleges she used that money "for her own, personal obligations.”
Dre claims his ex-wife violated Penal Code 496, which comes with a potential jail sentence.
According to the code definition, “Every person who buys or receives any property that has been stolen or that has been obtained in any manner constituting theft or extortion, knowing the property to be stolen or obtained, or who conceals, sells, withholds, or aids in concealing, selling, or withholding any property from the owner…shall be punished by imprisonment in county jail for not more than one year."
But sources allege Young says otherwise, claiming Dre's ex has already returned the money.