Toni Braxton: Bankrupt, Accused of Wire Fraud

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Toni Braxton is bankrupt and up to $50 million in the hole.

That's bad enough. Now she's also accused of wire fraud.

Toni Braxton Photograph

The singer allegedly wired $53,490 to her estranged husband, musician Keri Lewis, to save it from creditors. He received the money just before her bankruptcy filing.

Bankruptcy trustees are currently suing in order to recover the $53,490 sum, which they posit the star transferred in order to avoid having to use it to pay back creditors.

The duo separated in 2009 after 10 years of marriage. She filed for bankruptcy in 2010.

Two years ago, Braxton was allegedly somewhere between $10-50 million in the hole.

A rep for the "Unbreak My Heart" crooner, 45, denies any wrongdoing on her part:

"All payments made to Lewis prior to Toni's bankruptcy filing were appropriate transfers for reasonable and necessary personal and business expenses in course of business."



These hollywood celebrities just can't keep they damn selves out of trouble can't they?


Regardless on if she did or didn't do anything wrong the matters still that she owes money and until all her debt is paid off they'll continue to pursue trying to get it back. My question is how do you manage to obtain such debt?!

@ Odimei

She was doing a vegas show at the time. She had a real heart attack while on-stage performing and had to go to the hospital where she was later diagnosed with a vascular disease. She had to cancel the show several months early...and nowwww she has to pay back all production related losses. Insurance will not cover it because they claimed that it was a preexisting has to pay everything out of pocket. She filed bankruptcy for protection, not because she was broke.

@ Odimei

How? Well.... If you want a legitimate answer that you can sink your teeth into.... Ask Obama!

@ Only your President knows for

@only your President knows for sure ...why the hate chump? We didn't attack your kind when the real truth came out about Sarah P. being a closet coal-burner nor Romney's college crusade to beat up innocent gay colleagues