Larry King: Divorcing Shawn Southwick; Cheating with Her Sister Shannon Engemann!

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Larry King is divorcing his eighth (!) wife Shawn Southwick amid rumors that the CNN personality had an affair with Shannon Engemann, her own sister.

This has the makings of a nasty Hollywood divorce scandal.

Sources directly connected with Larry King and Shawn Southwick say that his alleged infidelity is the cause of the breakup, and not just any infidelity.

Shawn believes Larry has been having an affair with her sister for five years ... and the cover was blown when Shawn checked his Visa statement!

A source says Larry bought expensive gifts for Shannon Engemann - we're taking real expensive, like a $160,000 car and "tons of gifts from Cartier." 

The credit card bills were paid by Larry's business manager, but when Shawn starting looking at the statements, she saw a Cartier diamond necklace.

Her classic response? "He never gave me a diamond necklace."

Larry King with wife Shawn Southwick, left, and her sister Shannon Engemann.

Engemann denies anything inappropriate took place, although she did admit to receiving the above gifts from King. "This is so ludicrous," she said.

"Shawn has left me threatening messages ... She's singling me out, but Larry has been nothing but generous to our entire family, including me."

Apparently over the past five years, there were numerous instances where the couple was fighting over the alleged relationship, sometimes physically. 

A friend recalls an incident where they were "punching each other." But at least to a degree, they made it work, which may come back to bite King.

Several years ago Larry attempted to save the marriage by transferring three homes into Shawn's name, including the Beverly Hills house they live in.

Shawn is seeking primary custody of their two kids and claiming much of the real estate as her own property, including the Beverly Hills house. Ouch.

Larry, 76, and Shawn, 50, were married back in 1997 and have two sons together. Both cite "irreconcilable differences" in separate divorce filings.

THG TIP FOR THE LADIES: When you're wife #8, don't expect the guy is going to be much good at marriage. And hide your younger siblings.

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yeah it's official larry ..you messed up

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Larry go baby...I do not see anything wrong having two sisters at the same time if they both agree. it is called threesome and it is everyman's dream. King YOUR DREAM COME TRUE.

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Gastonoid, ROFLMFAO! That was spectacular!

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OH MY GUDNESS...HOW SHAMEFUL AND DISGUSTING...!!!...tHAT IS 2 BIRDS IN 1 STONE....AND LARRY IS EVEN A TVPERSONALITY AND FAMOUS...BUT BAD EXAMPLESIN THE WHOLE WORLD....YOU ARE NOT SUPPOSED TO BE ON TV....

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larry king is an active old man when it comes to cheating his wife..

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Any women who would hop into the sack with Larry King must be bl..dy desperate, or a Nympho. And, as an ex-seafarer I have met some tragic women in my days and I cannot think of any one of them who would be game !!

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those without pre-nup agreements can cast the first stone....

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76 and "busy"? I would think sex for someone his age is like shooting pool with a rope!

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i don't know what happened here but if they need someone for revenge sex im in wow she is so hot

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I can see that Shannon Engemann is gorgeous, but Shawn isn't exactly unattractive. Why Larry King, would you even want to get involved with your sister-in-law??
I was quite taken aback when I read this online on legitimate websites?

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