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Bankrupt Toni Braxton

Accused of Fraudulently

Giving $53K to Husband

10/29/2012 12:30 AM PDT BY TMZ STAFF
EXCLUSIVE

1026-toni-braxton-tmz
Toni Braxton
fraudulently transferred $53,490 to her estranged husband in order to avoid paying back creditors in her bankruptcy case -- so says the trustee of Toni's bankruptcy estate.

According to new docs filed in Toni's ongoing bankruptcy case, Toni's estranged husband Keri Lewis received the 5-figure sum after Toni's money was already earmarked to repay creditors.

Now, the bankruptcy trustee is suing Lewis to get the money back -- much like John Mayer was sued for $465,000 following a giant Ponzi scheme collapse in Seattle.

TMZ broke the story ... Toni filed for bankruptcy in 2010, claiming she owed between $10 million and $50 million in debts.

A rep for Braxton tells TMZ, "All of the payments made to Lewis prior to Toni’s bankruptcy filing were appropriate transfers for reasonable and necessary personal and business expenses in the ordinary course of her business."

The rep adds Toni will continue to provide the trustee whatever info is needed to address the allegation.

75 COMMENTS

No Avatar
1.

Stiletto    

Man, she's beautiful andI love her singing...but boy, what a loser!

693 days ago
2.

Jordan    

This is a hollywood bankruptsy welfare for the rich and stupid who does not want to manage theirr money,

693 days ago
3.

David    

I hope the bitch goes to jail.

693 days ago
4.

Bitch please    

Shady

693 days ago
5.

NOT ELMO    

Me thinks Braxton will never learn...

693 days ago
6.

Diamond Goddess!    

I believe it.
Toni got broke as a HABIT!!!
lol

693 days ago
7.

Spicy mag    

Time to go on tour.

693 days ago
8.

Jorge    

The whole world is F,cked! Jessicas dad is as gay as a merry go round. WTF! Armageddon please come already.

693 days ago
9.

StarryStarryNight    

self-absorbed heifer...lived beyond her means and the instead of working off her debt she wants to write it off.

693 days ago
10.

pat    


TMZ broke the story ... Toni filed for bankruptcy in 2010, claiming she owed between $10 million and $50 million in debts.

Who are the morons in government that allowed her to get this much in debt and didn't do anything except watch her file for bankruptcy?


No wonder California is broke and the USA has such a huge deficit.


If the govt collected, on a yearly basis, the taxes that are owed to them from these deadbeat celebrities, the country would be in much better shape.

693 days ago
11.

Mom of Five    

This wasn't her first bankruptcy either. Stop living beyond your means and pay your bills like the majority of the rest of us.

693 days ago
12.

SMASHED    

Excellent voice but a really dumb b*tch. Pay your debts dumbA$$. Shame on you.

693 days ago
13.

Miss Greta    

Doesn't she earn money from her reality show nobody watches?

693 days ago
14.

Karmagal    

OMG how in the world does she get away with filing bankruptcy TWICE and she is STILL BROKE. What the hell does she do with her money? How does this happen to her with a manager like Vince? I hope she goes to jail for this transfer. She has made enough money this is just unacceptable.

693 days ago
15.

RD    

You want to like her but she's just so stupid and irresponsible with money.

693 days ago
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