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Taylor Armstrong

I Got Screwed Over

My $250k Engagement Ring

5/30/2012 4:53 PM PDT BY TMZ STAFF
EXCLUSIVE

Taylor Armstrong Engagement Ring listed on eBay

Turns out "Real Houswives of Beverly Hills" start Taylor Armstrong is NOT selling her engagement ring on eBay -- the company that sued her is selling it, because Taylor surrendered the bling to get out from under a huge legal mess.

The ring her deceased husband Russell Armstrong gave Taylor was placed on the auction block this morning. 

Now here's what we know ... Taylor and Russell were sued by investors who claimed Russell fleeced them out of millions of dollars.  The case settled, but the Armstrongs didn't pay.  So the investors went after them again -- this time with a vengeance. 

Since Russell committed suicide, Taylor has now struck a new settlement deal with the investors to make the whole thing go away. The new deal was struck yesterday, which requires Taylor to pay an undisclosed amount of money to the investors and fork over a bunch of personal property -- INCLUDING THE ENGAGEMENT RING.

So the investors are the ones who put the ring on eBay and hope to fetch a quarter of a million bucks.

Sources close to Taylor tell us she's really pissed and feels she's been backed into a corner because of Russell's misdeeds.  She wanted to fight, but can't afford the legal war.

Taylor wanted to pass the ring on to her daughter when she got married.

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111 COMMENTS

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Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6
76.

Cynthia    

She didn't get screwed, the people she and her husband fleeced got screwed.

837 days ago
77.

Southern Julia    

some people r so easy to make fun of it's pathetic! she even threatens to beat people up - she's more likely to get bitch-slapped by a turtle

828 days ago
78.

melanie bertsch    

She's as useless as tits on a board on who knows for her deceased husband...but I feel badly for these children growing up with these un-American blokes. I'm not jealous.

825 days ago
79.

adrienne    

even her gnarly hands are ugly.

821 days ago
80.

tamarahope    

I can't beleive Taylor is still playing the innocent me card.They her and Russell agreed to pay them,which she knew all about.And didn't pay.You can't now say boo hoo.She shared in the money that was taken,so I think its fair she give up some of the bling that was bought with the money-suposedly.

777 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6

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