CHICAGO (CelebrityAccess) Amid all of the allegations and child support, R. Kelly’s financial fortunes have apparently dwindled to the point where he has a total of $625 in his banking accounts.
His attorney recently said at a hearing that the R&B singer’s finances are “a mess” to the point where a friend had to bail him out of jail. A friend also apparently helped him cover $160,000 in child support.
Meanwhile, the landlord of his Chicago studio, home to the supposed “sex cult,” sued Kelly for $200,000 in back rent. The landlord won a $173,000 judgment, triggering creditor Midwest Commercial Funding to seize the singer’s bank accounts and issue subpoenas to Sony; the American Society of Composers, Authors and Publishers; and Kelly’s other banks in an attempt to recoup its losses.
Because of the subpoenas, court documents revealed that Kelly’s account at Wintrust Bank has a negative balance of $13, and $150,000 was removed from Bank of America, leaving $625 in Kelly’s two BofA bank accounts, according to The Blast.
Meanwhile, Kelly is facing fines of up to $66,000 per day by the city of Chicago for code violations for an illegal sauna and bar, among other issues, inside the complex where he apparently wasn’t paying rent.
h/t CoS
