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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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31.

Pat    

Now we know what's meant by "Braxton Family Values".

701 days ago
32.

just-a-thought104654    

Toni, Toni, Toni you came from such humble beginnings and you really need to draw back on this and stay out of court for financial reasons. You are the eldest and always giving advice to your sisters and not taking heed to your own words. Wish you the best in your future endeavors.

701 days ago
33.

Travis Henry    

If Toni's willing to take it in the butt totally bareback, balls deep then and allow her colon walls to be coated with hawt ball batter, I'd happily pay her bills.

701 days ago
34.

marie    

a lots of this actors need to go back to school to learn the fact of life,making money is one thing,how to manage it is another thing.

701 days ago
35.

mike    

unbreak my bank.....

701 days ago
36.

Christi    

HAHA in your face stuck up witch!

701 days ago
37.

william baker    

How is she inbankuptsy she has a show and getting paid WOW

701 days ago
38.

valley1    

these women always wind up in financial turmoil because they are noteably superficial and my reply to it is "you did it to yourself"!...

701 days ago
39.

Lydia    

Isn't this her SECOND bankruptcy? She files bankruptcy and still lives the high life, and then files again and she'll still live the high life??? Meanwhile, all these people don't get paid. Entitled witch.

701 days ago
40.

Stella25    

I remember seeing a spread on her wedding. Her theme was "Tiffany's" as in the exclusive Fifth Ave. store. Her bridesmaids and flower girls carried their flowers in Tiffany blue boxes. She chose that theme because Tiffany's is her favorite place to shop. That was AFTER she declared bankruptcy the first time. What a spoiled *****!

701 days ago
41.

Marla    

Disappointed to find out what a cheat she is-----

701 days ago
42.

Play    

but dang you wh@res are tripping off her and saying crazy $hit about her like what she does with her money effect yal, it kills me yal act like yal know so much about what really goes on in hollywood like yal aint F'd up or have a F'd up family member yal just pathetic

701 days ago
43.

Play    

but dang you wh@res are tripping off her and saying crazy $hit about her like what she does with her money effect yal, it kills me yal act like yal know so much about what really goes on in hollywood like yal aint F'd up or have a F'd up family member yal just pathetic

701 days ago
44.

Play    

Toni keep doing your $hit boo we all are f'd up in one way or another it's one thing that makes us human

701 days ago
45.

Joel, JAMAICA    

why are people so mean for No Reason.. i will always Looooove Toni Braxton, her Voice! her Music! her Performances gives me life... with her string of Hit records she needs to start touring more

701 days ago
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