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Tuesday, February 18, 2014

Rihanna wins $10 million settlement after accountant's bad advice almost rendered her bankrupt


Rihanna has won a multi-million dollar settlement after she nearly went broke based on bad advice from her accountant, a source exclusively tells Page Six. of the NY post.
Rihanna, suing under her real name Robyn Fenty, sued claiming accountant Peter Gounis and the firm Berdon LLP gave her the green light to buy a $7 million Southern California house even though she was bleeding cash in 2009.

“The defendants advised Ms. Fenty by e-mail that purchasing a home in Los Angeles ‘would be a good investment’ despite knowing Ms. Fenty was experiencing financial difficulties,” wrote Rihanna’s lawyer Edward Estrada. It was claimed that she lost $9 million, leaving her with just $2 million at the end of 2009.
Rihanna’s lawyers claimed Gounis was aware the house she was buying was rotting from water and mold damage, forcing her to spend more than $1 million on improvements before selling it for nearly $2 million less than what she paid.

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