Kurt Cobain’s Fortune Looted: Courtney Love And Francis Bean Are Missing Millions
Posted by Josh loposer at 6:15 AM on April 9, 2009
While Courtney Love was off on her latest bender, it appears that the accountants in charge of Kurt Cobain’s $US500M+ estate had been lining their pockets with the immense wealth that the king of grunge left to his wife and daughter. Scoundrels!
It’s no secret that Courtney Love has been in the grips of a fairly serious substance abuse problem for a fairly long time, so that explains why she failed to notice that her and France Bean’s fortune was being plundered. Apparently, just as Courtney was starting to get back on the wagon this year, she realised that she had run out of funds — and there was no money left.
So far, a team of lawyers and investigators has been able to track down $US30M, but there’s supposedly a lot more. Not only did the fiends ransack the estate for all it was worth, but they used Frances’ and Courtney’s Social Security numbers to launder a bunch more money. What a nightmare. According to Love’s lawyer, Rhoda J Holmes:
“There is now a web of homes which were bought, flipped and used to launder money — up to $US500 million worth… Any of the property we can get back will be donated to people who have lost their homes in foreclosures.”
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