WENN.com

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.

Randy Brooke/WireImage

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).

Clint Brewer / BACKGRID

Kimora Lee Simmons' estranged husband Tim Leissner was reportedly married to two women at the same time.

According to Page Six, former Goldman Sachs executive Tim Leissner is a "double bigamist" who was "married to two different women at the same time, twice."

Page Six quoted a defense lawyer for Leissner's co-defendant, Roger Ng, who is on trial for masterminding a multi-billion dollar embezzlement scheme.

Ng's defense lawyer accused Leissner of two-timing his wife, Kimora, by marrying another woman.

Abaca / BACKGRID

Leissner was arrested in 2016 and charged with stealing over $200 million from 1Malaysia Development Berhad.

In 2018, he plead guilty to fraud charges and forfeited $43 million. He agreed to cooperate as the key witness for the federal government's case against Ng, the banker who fleeced Goldman's Malaysia division.

"Tim Leissner uses people," Ng's defense attorney Marc Agnifilo told jurors on Monday in his opening statement in Brooklyn federal court, according to Bloomberg.

Agnifilo alleged that Leissner also had an "illicit" relationship with Jasmine Loo, who was general counsel at 1MDB. Loo fled Malaysia and is wanted by authorities there for her role in the scheme.

WENN.com

Ng's defense attorney told the jury that Leissner and Loo developed a "dark trust because of their illicit, intimate romantic relationship."

Leissner "uses women, he uses false intimacy, and now he's trying to use my client to get him to do his jail time," according to Agnifilo.

Leissner is testifying against Ng in exchange for a reduced sentence. Ng faces life in prison if convicted.

Tim and Kimora allegedly separated to protect her assets.

Pras Michel, Kimora Lee, Tim Weissner

Fugees rapper Pras Michel challenged the federal seizure of $37.5 million in cash from his bank accounts at multiple banks around the U.S.

Pras was caught up in a multi-billion dollar money laundering scandal involving Kimora Lee's husband, Tim Leissner, and Malaysian financier Jho Low.

Read more »

Wolfe Lee Leissner Kenzo Lee Hounsou

Entrepreneur Kimora Lee Simmons posted this shot of her adorable sons, 13-month-old Wolfe Lee Leissner, left, and Kenzo Lee Hounsou, 6, on her Instagram account last week. The 41-year-old former model celebrated the grand opening of her newest KLS Boutique in Beverly Hills, CA.

Read more »