R Kelly once made millions as a singer and songwriter, even boasting in one of his explicit songs, "You remind me of my bank account, I wanna spend it." Now one of his back accounts is $13 in the negative and the remaining two are empty. A court judgment of over $170,000, for non-payment on a property lease, for his now defunct recording studio, wiped out the $150,000 he had in his main bank account (City Of Chicago Building Inspectors And Firemen Raid Recording Studio Of Pedophile R Kelly Due To Violations). When the creditor attempted to seize the contents of a second and third bank account, they were informed his accounts are empty.

R Kelly, who is in the middle of a well-deserved scandal for beating and raping underage girls, in misconduct that has gone on since the 1990s, is currently under criminal indictment in his native Chicago for said crimes. Kelly was indicted after the "Surviving R Kelly" documentary aired in February, which featured some of his many victims (there are over two dozen victims, some of whom did not want to be interviewed). Four victims were located, who were subjected to sex crimes by Kelly, in matters still within the statute of limitations and they are the foundation of the indictment against the pedophile singer.

Kelly never graduated high school. His wife has described him as illiterate. She is right. He has financially mismanaged his money and engaged in crimes that cost him his fortune. He has no concept of money, but likes to spend excessively. He had mansions in Chicago and Atlanta. Both went into foreclosure. He also leased studio space that was too expensive for his budget. However, he was also using the space to illegally house underage girls. R Kelly had a habit of having illegal sex with minors while working in the studio (some girls were as young as age 11, which is infuriating).

Kelly engaged in so many sex crimes against minors, he was repeatedly sued by their enraged parents and issued settlements to stop the cases from going to trial. Some of the settlements were monthly payments in excess of $5,000 per month, which went on for years. It helped to deplete his funds, but he deserved to lose his money over what he did to underage girls.

Kelly's wife, Andrea Kelly, left him due to the scandals and his acts of domestic violence. She was awarded spousal and child support of $20,000 per month to care for herself and their three distraught children, who are embarrassed by his terrible conduct. Kelly's kids have been ostracized and insulted in schools by other students, because of his sick, humiliating conduct. I sometimes wonder if one of Kelly's daughters was subjected to sexual abuse, as she has shaved her head and is dressing like a boy, in conduct victims of sex crimes employ as a defense mechanism.

Falsely empowered by the payoffs he issued, Kelly continued with his criminal conduct against underage girls, to their detriment and his own. Then, news broke of a sex cult he illegally maintained in Atlanta, which caused people to enact a well-deserved boycott against him that damaged his finances even more than his evil conduct against young girls (settlements). The negative publicity gave way to the "Surviving R Kelly" documentary, even more boycotts and the current indictments. These events have financially wiped R Kelly out, in a financial catastrophe of his own making. He used his money to abuse people, especially young girls. It is fitting that his wealth be taken by the courts.

STORY SOURCE

R. Kelly’s Bank Account Left At Negative $13 After $150,000 Seized

April 15, 2019 - R. Kelly has been in a financial bind after his failure to pay child support and rent on his infamous studio. One of Kelly’s accounts was left in the red after $150,000 was seized. According to court documents obtained by The Blast, Wintrust Bank contacted one of the singer’s creditors to inform them of insufficient funds and balance of negative $13.

The publication states that Kelly does have two other accounts with Bank of America that holds a total of $154,527.22 combined. However, those accounts were seized by the former landlord, except $625. The former landlord was awarded a $173,000 judgment, and in turn, subpoenas were sent to Sony, ASCAP, and other accounts where the singer holds money.

The landlord then received $154, 527.22 from Bank of America. But, according to reports, he still wants the remaining balance. As a result, the landlord has requested that the judge release the remaining balance to settle the debt.

http://balleralert.com

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