Ok so boom….Back in 2018, Russell Simmons’ ex-wife Kimora Lee and her husband Tim Leissner were charged with money laundering, after the theft of buh-buh-buh BILLIONS of dollars from 1MDB, a Malaysian sovereign wealth fund. Forbes reported that Leissner, a former Goldman Sachs partner in Asia, had pleaded guilty and agreed to forfeit $43.7 milly. Ya boy Russell filed a complaint and sued Kimora Lee’s husband and her. According to the complaint, Russ alleged that Lee and Leissner conspired to make a “fraudulent transfer” of his nearly 4 million shares of energy drink company Celsius in order to pay for Leissner’s legal and bail fees related to the 2018 money laundering case.
According to the complaint, Simmons alleged that Kimora and Tim engaged in “blatant fraud” for Tim to avoid jail time once again. In the letter, Simmons added that he is shocked and saddened to see how Lee’s side has behaved in response to his repeated attempts to get an agreement from her to rightfully and legally reaffirm his 50% of the Celsius shares. He alleged that the shares have been locked up with the government after being used for Kimora’s husband’s bail money.
Kimora is “shocked” herself by the “harassment coming from her ex-husband”. Her legal counsel said that Russell has decided to sue her for shares and dividends of Celsius stock in which Kimora and Tim Leissner invested millions of dollars. Kimora’s legal counsel says this is an “ill-advised attempt” by Russell to use the legal system to access funds he is in no way entitled to, and which his own legal team confirms Russell didn’t even pay for.
