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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

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16.

Maximillian     

How the heck can you go bankrupt ? What do you need to live ? A fancy car, a fancy house and fancy trips. All that can't bring this mess. Boy, what a bunch of retards

671 days ago
17.

Steve    

Some people are so incredibly ignorant and comment before having all their facts...sad! First, this is an accusation at the moment; it has not been confirmed as truth. Secondly, anyone with any knowledge on this case should know Toni is not broke...this debt stems from her Lupus making her extremely ill and missing out on a concert she was supposed to do. As a result, she was sued and had to file bankruptcy to protect herself from losing everything. She didn't go spending tons of money and tryng to be flashy...she simply missed a concert because she was ill. She never claimed to be broke, and I don't see why she would have to transfer money all over the place, because, the deal was she simply couldn't go out and make actual purchases...

671 days ago
18.

T    

That's just awful everyone else has to pay their debts but she thinks "Oh just give my husband the money and file for bankrupt and it's all done" then do it all over again. Must be nice. This makes a person just wanna beat her down.

671 days ago
19.

dierdre    

This bitch should go to prison, just like anyone else would....And again, YOU CALL THIS NEWS???? GOD< SERIOUSLY< WHO THE HELL CARES>>>>LOSER>>>>LOSER>>>>>ewww

671 days ago
20.

LC    

Again!!! whoa...

671 days ago
21.

Florida    

I thought the law was clear - nobody can claim bankruptcy twice within 7 or 8 years. There is a time frame of about 8 years waiting time before a SECOND bankrupt proceeding can happen - so how did THIS happen Toni, huh?

671 days ago
22.

CurvyDiva    

I hope she can prove that she is not in the wrong. She herself has Lupus and has been ill and one of her sons is autistic. He doesn't need his mom in jail. I do think that lots of celebrities misuse and blow through their money and should learn to live within their means. But that's how the world works.

670 days ago
23.

no name    

What else is new - she has been bankrupt forever. No talen to fall back on either.

670 days ago
24.

richie    

like whitney this bitch is on the pipe

670 days ago
25.

james    

I can give her $50 for some lip service.

670 days ago
26.

Kolin Ferguson    

Her new song is: Unrupt My Bank

670 days ago
27.

momo    

What a total loser, honey you have made good money, far more than us regular people and I have never files bankruptcy, why?? BECAUSE I LIVED WITHIN MY MEANS AND DIDNT FRONT WITH CASH I DIDNT HAVE!!!! try it sister and get your hot mess self together!!!!!!!

670 days ago
28.

Jeffrey    

This is abuse of the bankruptcy law. Just another entitled celeb wanting to leave us with her tab!

670 days ago
29.

Babydoll0414    

Wait I'm confused she files for bankruptcy twice and she is called out of her name like crazy Donald Trump files several times and no one bats an eyelash go figure SMDH....

670 days ago
30.

LYNDA    

SHE ACTS LIKE SHE IS ALL THAT AND A BAG OF CHIPS,,,I AM NOT HATING ON HER, BUT STOP PORTRAYING A DIVA WHEN YOU CAN'T STAY OUT OF COURT FOR YOUR FINANCES,,YOU NEED TO HUMBLE YOURSELF!!!! AND SINCE YOU HAVE BEEN SAID TO BEE DATING THAT MAN YOU GUYS SEEM TO LOVE(REALLY) (EDDIE MURPHY) SURELY HE WILL HELP HIS WOMAN GET OUT OF DEBT!!!!!!!!!!!!!!!!(NOT)

670 days ago
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