The year is not even 6 weeks old and Beyonce has already been hit with two major lawsuits!

It seems that Beyonce and her mother Celestine Beyince are being accused of racketeering (a federal offense) and attempting to undercut a Hong Kong company on the price of House of Dereon goods.

Bey and Tina are accused of costing apparel maker Vier International $500,000 in shady deals with the Asian company. According to legal papers filed in the U.S. District Court in Manhattan, New York on Monday (Feb. 1), Vier International owners claim executives at a NY based company (owned by Bey and Tina) and House of Dereon, conspired to order shipments of goods from Vier Int. at bargain basement prices. The goods were then “converted” to House of Dereon pieces and sold at higher prices.

According to fashion bible WWD, Bey and Tina purchased cheap garments from the Asian company but requested “manufacturer specifications” so that the garments would not need altering before going to market.

Vier International is seeking the $500,000 they lost in the shady deals with Beyonce and the two companies she has ties to or owns. Vier Int. also filed a claim under the Racketeer Influenced and Corrupt Organizations Act (RICO), the same law used in most Mafia prosecutions.

A RICO conviction carries with it a stiff fine and possible prison time.

Source: Hello Beautiful