Kimora Lee Simmons Denies Committing Fraud Against Ex-Husband Russell Simmons In War Over Millions, Trashes Disgraced Mogul In Court
Aug. 26 2021, Published 5:41 p.m. ET
Kimora Lee Simmons says her ex-husband Russell Simmons’ lawsuit accusing her of fraud is a bunch of BS.
According to court documents obtained by Breaking Celebrity News, the Baby Phat founder is asking the court to trim his suit against her and her husband Tim Leissner. She says her ex has no proof to back up his claims of fraud and therefore they should be dismissed.
As Breaking Celebrity News previously reported, earlier this year, Russell sued his ex-wife and her investment banker spouse accusing them of stealing stocks he had ownership in without his permission.
He claims to have owned a bunch of shares in the energy drink company Celsius. Russell says Kimora and Tim somehow unlawfully transferred funds owned by him into their account. Russell and Kimora were married from 1998 till 2009.
They had stayed friendly over the years even as women came forward to accuse Russell of abuse. A couple of years back, the former couple and Kimora’s new husband even partnered together in an investment company called Nu Horizons.
In court, Russell says Kimora fraudulently moved four million shares of Celsius to another company to pay Tim’s leg