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Kimora Lee Simmons Leissner is implicated in the white collar crimes allegedly committed by her estranged husband Tim Leissner.

According to reports, lawyers for Leissner's co-conspirator, Roger Ng, claims Kimora opened multiple shell companies so Leissner could hide funds he allegedly embezzled from Goldman Sachs, where he worked as a banker.

As part of a plea deal, Leissner is testifying against his former business partner, Ng, as the mastermind in the plot to defraud the 1MDB sovereign development fund.

The legal team asked the judge to allow them to present evidence that Kimora helped her husband launder $80 million of money stolen from 1MDB by using multiple shell corporations.
 
RELATED: Kimora Lee Simmons’ estranged husband is allegedly a bigamist
 
Kimora is allegedly listed as the owner of multiple shell companies registered in Seychelles, Delaware, and California.

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Leissner allegedly used the funds to funnel the millions to and from accounts that didn't bear his name.

Lawyers for the former model and entrepreneur claim Kimora had no knowledge of her husband's wrongdoing. They say she did not help him hide money.

Kimora is best known as owner, CEO and creative director of Baby Phat clothing brand from 1999 until 2010. She was also star of reality TV series, Kimora: Life in the Fab Lane (2007–2011) and Kimora: House of Fab (2013).

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Facebook, Colleton County

Police arrested a hitman who shot and wounded South Carolina lawyer Alex Murdaugh as he changed a tire on the side of a highway.

Murdaugh was wounded three months after his wife, Maggie, 52, and son, Paul, 22 (pictured left), were shot and killed in an ambush at their South Carolina home on June 7.

Murdaugh, a well-known legal heir in SC, was shot in the head on a rural highway on Septmber 4. He survived the shooting, but he now faces arrest for allegedly embezzling millions of dollars from his law firm to buy opioids.

Police arrested Curtis Edward Smith, 61, on Tuesday on and charged him with shooting Murdaugh. Smith also faces charges of assisted suicide, assault and battery, possession of a firearm, insurance fraud and conspiracy to commit insurance fraud, Dailymail.com reports.

Police say Murdaugh hired Smith to kill him so his surviving son, Buster, 25, would receive a $10 million insurance payout. However, Smith was a bad shot.

Murdaugh's lawyer, Dick Harpootlian, says he knows who shot Maggie and Paul, and the suspect's name will be revealed this week. He said the motive for the murders was "personal".

Harpootlian acknowledged that Murdaugh is likely to be arrested for allegedly misappropriating millions from his own law firm.

Harpootlian said Murdaugh was still grieving the deaths of his wife and son when he embezzled millions from his law firm to finance his opioid addiction.

Murdaugh was fired from the law firm and the state bar revoked his law license for tampering with clients funds in escrow accounts.

Murdaugh has denied involvement in his wife and son's deaths.
 
Copyright Disclaimer: I do not own the rights to the photograph(s) or video(s) used in this post. Under Section 107 of the Copyright Act of 1976, allowance is made for "fair use" of photographs for purposes such as parody, criticism, commentary, news reporting, education, and research.

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Tennessee Titans star Julio Jones (right) and former NFL wide receiver Roddy White (left) are among the defendants in a lawsuit filed by a cannabis company.

The former Atlanta Falcons teammates and their co-defendants are accused of alleged fraud and money laundering allegations, according to court papers obtained by the Tennessean.

Genetixs cannabis company claims that Jones, White and others sold around $3 million per month in cannabis since March and kept all the profits for themselves.

The lawsuit alleges the defendants illegally managed and operated Genetixs' cannabis facility, and failed to report weed sales since March 2021.

Genetixs estimates about $3 million in cannabis was sold illegally by the defendants who then kept the profits for themselves.

According to the Tennessean newspaper:

"Jones and White, who were teammates with the Falcons from 2011 to 2015, are accused of colluding with John Van Beek and his son, Shaun Van Beek, to run a black-market cannabis operation through the Genetixs facility. Jones and White had invested in Genetixs through White's SLW Holdings, per the documents."

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The Los Angeles Police Department has opened an investigation into Dr. Dre's estranged wife, Nicole Young, for cleaning out one of their corporate accounts.

Nicole is being investigated by the LAPD for alleged embezzlement, sources close to the case tell TMZ.

Dre's business partner, Larry Chatman, recently filed a police report, claiming Nicole, 50, withdrew hundreds of thousands of dollars from their business account without authorization.

Larry had previously alleged similar allegations in legal letters fired off to Nicole's attorneys in the past few weeks, and the LAPD launched an investigation into the case.

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In the report to the LAPD, Dre's team claims Nicole cleaned out a corporate account, stealing $385,029 from the label she co-owned with Dre.

As TMZ previously reported, Dre, 55, called out Nicole for making 2 bank withdrawals -- which totaled the $385k -- after filing for divorce. Nicole claims she had a right to withdraw the cash because her name was on the corporate account.

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Nicole, pictured during happier times with Dre, could face up to 20 years in prison if she is convicted of embezzling funds from the now defunct business.

Nicole's legal team tells TMZ Larry's claims against her are nothing but a smear attempt and a PR stunt because, so far, she is losing the court battle. Her attorneys maintain she's done nothing wrong.

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Photos: Instagram.com

A former bank employee is accused of stealing more than $88,000 from a North Carolina bank, then posting photos of the stolen loot on social media.

Arlando Henderson, 29, was arrested by the FBI in San Diego, California on Dec. 4. A criminal indictment was unsealed in federal court in Charlotte, NC following his arrest.

According to the indictment, Henderson was employed by the financial institution in Charlotte, and had access to the bank vault.

On 18 separate occasions, Henderson stole cash from customer deposit boxes in the bank's vault.

Henderson then posted photos of himself flashing the cash on social media. Henderson reportedly used the cash for personal expenses and to make a $20,000 down payment on a new Mercedes-Benz.

The indictment also alleges Henderson committed fraud by falsifying documents to obtain a car loan at another bank for the balance owed on the Mercedes.

Bank officials became suspicious after Henderson - by then an ex-employee - posted photos of himself flashing stacks of cash on his Facebook and Instagram accounts.

The aspiring rapper also posted photos of himself posing next to a white 2019 Mercedes-Benz.

Henderson captioned one photo: "I make it look easy but this... really a PROCESS."

"Throughout July and August 2019, Henderson used a social media account to post several pictures of him holding large stacks of cash," the indictment reads.

The feds allege Henderson "destroyed certain documents" and "made, or caused others to make, false entries in the bank's books and records to cover up the thefts."

Henderson had an initial appearance before U.S. Magistrate Judge Gallo, in the U.S. District Court for the Southern District of California earlier this month.

He is charged with two counts of financial institution fraud, 19 counts of theft, embezzlement and misapplication, and 12 counts of making false entries.

The felony charges carry a maximum penalty of 30 years in prison and a $1 million fine for each count. He is also charged with transactional money laundering, which carries additional penalties of 10 years in prison and a $250,000 fine.
 

Copyright Disclaimer: I do not own the rights to the photograph(s) used in this post. Under Section 107 of the Copyright Act of 1976, allowance is made for "fair use” of photographs for purposes such as parody, criticism, commentary, news reporting, education, and research.

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Officer Charles Gliniewicz's death has been ruled a suicide, 2 months after the 52-year-old officer staged the scene to make it look like a homicide, then shot himself in the chest with his own gun.

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Derrick Leon Henderson mugshot A former University of Georgia employee has been arrested and charged with stealing students' personal information to obtain credit cards.

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Brenda Watts A former cafeteria manager for the Fulton County public school system was arrested and charged with allegedly embezzling more than $1 million from the school cafeteria where she worked, AJC.com reports.

Channel 2 investigative reporter Richard Belcher broke the story last spring when a former cafeteria worker leaked information about the embezzlement scheme to Channel 2 News.

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She allegedly pocketed $500 in cash per day from the cafeteria over 15 to 20 years.

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Vanessa Williams lawsuit

Vanessa Williams, executive director of the National Conference of Black Mayors, owes over $126,000 in defaulted loans and attorney's fees to 2 top executives of rapper T.I.'s Grand Hustle Records.

Court records obtained by FOX 5 senior I-Team reporter Dale Russell shows that the National Conference of Black Mayors leaves a trail of unpaid bills around the country. The black mayor's group, with over 580 mayors, owes almost $1 million in unpaid bills, liens and court judgments against them.

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Beyonce and Jay Z eating pizza

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