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Randy, Jermaine Jackson

Plot to Get MJ's $$$ ... Allegedly

7/20/2012 12:50 AM PDT BY TMZ STAFF
EXCLUSIVE

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Randy and Jermaine Jackson are trying to get at Michael Jackson's money, by hatching a sinister plot involving Katherine Jackson ... so claim sources connected with the Michael Jackson Estate.

Randy, Jermaine, Janet, Tito and Rebbie Jackson all signed a letter, demanding that the Executors of the MJ Estate step down, claiming the executors are failing so badly, the stress caused Katherine to suffer a stroke.

Sources connected with the Estate are now lashing back, telling TMZ they believe Randy and Jermaine (they are not including the others) are strapped for cash and know when Katherine dies there is no way they can get their hands on a penny of MJ's fortune -- that's because all of the money goes to charity and in trust for Michael's 3 kids.

Our sources believe ... Randy and Jermaine are trying to make it appear that Katherine is infirm and may need a conservatorship. And the sources further believe Randy and Jermaine will try and get themselves appointed as her conservators, which would give them access to more than $70,000 a month.

We know Katherine's people have denied she had a stroke. As for the Estate failing miserably, it seems like bad timing, because new court docs just revealed the Estate has grossed nearly half a billion dollars, wiping out MJ's massive debt.

Calls to Randy and Jermaine have not been returned.

update_bar

Jermaine Jackson has released a statement, through a rep, saying, "I note that this 'story' comes from 'sources close to the Estate'. It, therefore, does not surprise me that such a wildly false claim is being invented, presumably to deflect attention away from this family's very real concerns about the Estate."

The statement continues, "This claim is as far-fetched as it is untrue, but such are the anti-Jackson falsehoods we have come to expect from 'sources close to the Estate.'"

"I will reiterate that this family's first and foremost concern is our mother's health, welfare and well-being. Nothing else."

212 COMMENTS

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1.

TheGame    

C'mon man TMZ stop it please. I said please with sugar on top.

826 days ago
2.

Tim    

They haven't returned phone calls because their phones are probably turned off. No money to pay the bill.

826 days ago
3.

Cheryl    

Even in death he can't escape these deadbeat meatballs. They wont get his money but they'll take the publicity. ****ty ass family.

826 days ago
4.

kali    

Get jobs you bums!

826 days ago
5.

LRT    

shame on them! Karma is a Bitch!

826 days ago
6.

AlwaysOnTimeB    

This is just sad. It's no wonder MJ didn't want to deal with his family. I could only imagine the pressure they tried to put on him to get money while he was alive. I hope Paris and her siblings get far away from these blood suckers!! They sure weren't complaining when the attorneys were clearing all those debts MJ had. Disgusting!!!

826 days ago
7.

skintag    

Nothing says love like family fighting over money. Good times.

826 days ago
8.

woodin    

MJ was the gravy train for the family. Is it anyone's surprise by the allegations and that in particular Jermaine is behind this........

826 days ago
9.

TMZISAPIECEOFSHIT    

I'm guessing her being as old as black pepper had nothing to do with her having a stroke.

826 days ago
10.

just my opinion    

can Michael rest in peace? he never lived a day of his life in peace. these money grubbers are just sick. get a job like the rest of us maybe? the Jackson 5 was great but it was also like 40 yrs ago. deal with it. All of the Jacksons are not like this....it's only Joe, couple of the brothers and LaToya who can't stop famewhoring.

826 days ago
11.

What I Think    

First MJ's heirs pay Dr. Murray to off him because he is worth more dead than alive. Now this. What next?

826 days ago
12.

twinsies    

I always thought it was weird that MJ left custody of his kids and their trust to his elderly mother and not to any of his siblings. I guess maybe we now know the reason for that.

826 days ago
13.

Googie    

No grounds to remove the Executors since they have managed to pay off the huge debt that the estate had. Does anyone think that would have happened if Randy or Jermaine were in charge.

MJ set up the estate to take care of his mother and his children, not his broke brothers. They are unfortunately so pathetic in making false claims just to get their hands on MJ's estate. Although Paris is young, she appears to be a smart young lady. Hope she and her brothers can tell her uncles to back off the false claims. That the execs are doing just fine.

826 days ago
14.

Cat    

What a sorry bunch of people. Yeah lets steal the money from Michaels children.. I hope Katherine puts a restraining order on them

826 days ago
15.

Northerngirl41    

F-ing *******s. That money is for his kids.....

826 days ago
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | Most Recent | Next 15 Comments

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